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  • Agfarm World Market Update, May 2017

    This month’s World Grain Update focuses on current plantings and the 2017/18 season world outlook for wheat. The United States Department of Agriculture (USDA) recently released the season’s first global production forecast for both America and the rest of the world. Despite markets not reacting to the news, there were some key points to note […]
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  • Agfarm World Market Update, April 2017

    2016/17 – The Season of Records The 2016/17 season started on the back of a record strong El Nino Sea Surface temperature event in the Pacific Ocean. This weather pattern eventually broke down and led to a La Nina, which served Australian growers well, with above average rainfall for the majority of growing regions. As […]
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  • Agfarm World Market Update, March 2017

    Over the last week, off shore wheat futures markets have fallen and Australian values have largely held steady. The seasonal cycle continues, and marketers are looking toward the northern hemisphere new crop production for price signals. Lower planted acreage in the United States this season will continue to be a price factor. However, current supply […]
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  • Agfarm World Market Update, February 2017

    This month’s world market update explores the firmer wheat and barley market we have experienced since the start of the year. Specifically, the drivers of the market, what to keep an eye on moving forward and how the off shore rally is reflected in Australian grain prices. Since the beginning of January, Chicago wheat futures […]
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  • Agfarm World Market Update, January 2017

    Harvest is fast approaching completion for most in Australia. The above average rainfall and cool temperatures through September have resulted in record yields for wheat and barley. Quality for the most part was also good. The challenge is now in logistics and grain storage. Trucks have increased freight rates due to demand outweighing supply, and […]
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  • Agfarm World Market Update, December 2016

    Australia’s is 75% of the way through harvesting our largest ever wheat and barley crop. ABARES recently updated their wheat production estimate to 32.5MMT. This is up from 28.08MMT in September. Barley estimates have also increased, now at 10.6MMT, up 1.1MMT.   Currently, growers are focused on completing harvest to get a good gauge on […]
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  • Agfarm World Market Update, November 2016

    The 2016/17 harvest is underway, albeit with a slow start, and Australia is poised to produce a record yield through some areas. Some production estimates have this year’s wheat crop near 29.8MMT which would be equal to Australia’s record in 2011/12. Barley is also penciled in to be a bin buster with the potential to […]
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  • Agfarm World Market Update, October 2016

    The 2016/17 Australian winter crop was on track to achieve record yield levels. However, in the last two months, multiple weather events have decreased the expected yield and softened the expected quality. As a consequence, the premium for Australian milling wheat basis remains high. Also, it is worth noting that at current values, Australian wheat […]
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  • Agfarm World Market Update, September 2016

    The grain outlook and what to monitor   The last few weeks have seen global grain prices dip even further in an effort to reduce the ample supply of wheat and feed grains around the world. This price drop, as shown in the chart below, has started to restrict the supplies of wheat, as growers […]
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  • Agfarm World Market Update, August 2016

    Current Factors Influencing the Grain Markets Over the last three seasons we have seen global grain inventory balance sheets expand with multiple seasons of (overall) well yielding harvests in Australia, the Black Sea and North America. This has led to an environment in which we have seen prices decline for cereals. However, consumption growth remains […]
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    Thank you for your interest in Agfarm. We will be in touch with you soon.
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  • Agfarm World Market Update, July 2016

    The grain outlook and what to monitor Nothing has fundamentally changed in the current grain markets with wheat and barley continuing to be under pressure as global crops get bigger. The function of the market in this environment is to price new demand in order to reduce growing stock piles. The surprising Brexit result spurred […]
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  • Agfarm World Market Update June 2016

    Previous World Market Updates have touched on the world being awash with wheat. They have also touched on northern hemisphere crop volatility, the time of year when crops in the northern hemisphere are exposed to unpredictable growing conditions. This month’s World Market Update will focus on the increasing concerns in quality for the world’s wheat […]
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  • Agfarm World Market Update May 2016

    There are numerous factors that contribute to the continual increase in demand for coarse grains. The first being global population growth and the second being sociological and economical changes, such as increased wealth and the impact this has on diet change. Population growth The growing population is not a new phenomenon, nor should it be […]
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  • Agfarm World Market Update April 2016

    Chinese Domestic Corn Clearance is a Move Toward an Increased Free Market Feed Grains Model In late March the Chinese Government went to extreme measures to curb their ballooning domestic corn stock pile with the announcement they will move closer to a free market system. Since 2009 the Government has supported domestic production by implementing […]
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  • Partners

    CHS is an independent, farmer owned co-operative with a strong focus on helping growers and a tradition of partnership throughout its network. The Agfarm business will continue with the same grower focus and commitment to improving outcomes for their clients. As a marketer of more than 50 million tonnes of grain and oilseed annually, CHS […]
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  • Disclaimer

    Agfarm does not warrant or represent that the information in this website (or in brochures that may be downloaded from this website) is correct and/or accurate, reliable or current, is free from errors or omissions, or is suitable for your intended use. Subject to any terms implied by law and which cannot be excluded, Agfarm […]
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  • Privacy

    Privacy Policy Agfarm Pty Ltd is committed to protecting the privacy of our clients’ information. The information we collect is in connection with the services provided by Agfarm (or its associates). Users can access many features on our website anonymously, however you may be asked to provide personal information when using interactive areas of the […]
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  • Meet our growers

    Agfarm deals with growers across Australia, from Emerald in Queensland, right down to Port Lincoln in South Australia and across to Geraldton in the north of Western Australia. Growers look to Agfarm because of our commitment to make a difference and provide a service that ensures the long term viability of their operations. We support […]
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  • Our History

    Agfarm has grown constantly by adapting to the rapidly evolving agribusiness economy. 1992 Agfarm is established by Bob McKay in his hometown of Warren (NSW). Like many in the Agfarm team, Bob grew up in, and is still actively involved in farming. Agfarm begins operations as a grain acquisition agent for AWB. By 2004, we […]
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  • About Us

    Agfarm is a diversified agribusiness focused on empowering Australian farmers and consumers with business solutions to manage their agri-commodities. Our core functions include: Finance – both input and inventory, and Commodity Management – including cash contracting, structured sales programs and logistics. Our national footprint allows us to obtain, analyse and make informed decisions on local, […]
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  • Contact us

    Main number 1300 243 276 info@agfarm.com.au   New South Wales Sydney – Head Office Level 7, 56 Clarence Street Sydney NSW 2000 GPO Box 5072, Sydney NSW 2001 Main: (02) 8305 1000 Fax: (02) 9279 4700 Dubbo Main: (02) 6883 4100 Wagga Wagga 154 Fitzmaurice Street, Wagga Wagga NSW 2650 PO Box 414 Wagga Wagga […]
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  • Home

    Welcome to Agfarm Agfarm is a diversified agribusiness focused on empowering Australian farmers and consumers with business solutions to manage their agri-commodities. Our core functions include: Finance – both input and inventory, and Commodity Management – including cash contracting, structured sales programs and logistics. Our national footprint allows us to obtain, analyse and make informed […]
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  • Agfarm World Market Update March 2016

    The first half of March has seen a consecutive rally on Chicago wheat, corn and soybean markets, due to increased bullish risks induced by large fund short positions and dry weather. In an attempt to take risk off the table and buy back their short positions, managed money funds exaggerated the recent rally which was […]
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  • Agfarm World Market Update February 2016

    Australian Conditions In line with the 10-year average, sorghum production for NSW and QLD is set at 2.2MMT for the 2015/16 season. This is a year over year increase of 100KMT. Pre and post plant rainfall in Southern QLD, along with warmer weather has brought forward the harvest program for that region, while Central Queensland […]
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  • Agfarm Global Market Update January 2016

    Markets continue to track sideways for the start of 2016 in a well-supplied global market place. Over the last month we have seen Argentinian exports increase market share which does not bode well for Q1 Aussie exports. However, the ongoing bearishness of the AUD is a bright spot for Australian values. Meanwhile, winter wheat seeding […]
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  • Agfarm World Wheat Market Update December 2015

    Market Summary Global wheat markets remain soft and sluggish. EU, Black Sea, North and South American yields have all been strong this season (all be it, with some quality issues in the US). This has culminated in a buyer’s market and a global marketplace that is well supplied. In such an environment, normal Australian harvest […]
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