SA Market Update 10/05/2019

Kate Phillips, Agfarm Regional Manager South Australia

2 minute read

I don’t want to get too excited too soon but it’s RAINING! Where I am at least…

I am in Meningie today (Thursday) and there is water in the rain gauge and more falling as I write. While more is needed, it is certainly nice to be reporting on rainfall across much of the state. The lower south east and Murray Mallee are still waiting for the rain to hit them. Hopefully the front predicted to pass through the state tomorrow will bring the much-needed moisture, and with it, a level of confidence for those dry seeding and a start to those who have held off.

Turning our attention to sowing intentions this year, canola plantings, as expected, will be well down due to the dry. Those who did get rain or were in a more “reliable area” are well into their canola plant and should be done within the next week or so. Cereals continue to go in. There is no panic just yet as the sowing window is still wide open.

Ground temperatures have just started to move downwards with the days proving to be mostly cool and cloudy. The average recorded soil temperatures for the state over that past few days are sitting in the range of 11-15 degrees at the 5-10cm depth mark. Cooler days have also meant we’ve started using the fireplace and I have to say, nothing beats sitting by the fire at night.

Grain markets are relatively cool as well. The barley stockfeed market continues to be fluid with farmers looking for sheep feed. Wheat is currently a different story with more supply than demand. We will wait to see how the rainfall over the past few days plays out on the new crop bids. While South Australia has seen some rainfall, it still hasn’t fallen in most regions to the level ideally required, but it has fallen, and we may see the market follow suit as it gains some positivity in the season ahead.

 

 

Pictured: Hay heading north at Tailem Bend

 

Prices as at 9th May

* View of current market pricing. Does not represent current Agfarm bids.

 

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