Agfarm Market Updates

  • 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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  • 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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