SA Market Update 18/01/2019

Kate Phillips, Agfarm Regional Manager South Australia

Another quiet week for the grains market in South Australia. Many growers have taken the opportunity to get away for a few days well deserved RnR and I’ve heard skiing on the river is the place to be while the temps soared above 40oC. Port Augusta took out the hottest temp in Australia last week at just under 50oC degrees.

Agronomists are continuing conversations with growers around their fertiliser requirements for the upcoming season. Summer spraying seems to have all but wrapped up and the dry continues with no rain to speak of over the past month. This looks likely to continue for at least the short term. Last year South Australia set new records for the hottest and driest in many regions.

 
 
 
 
 

This week saw growers brave the heat at Murray Bridge for the Maize Day, with the crop being trialled on four dairy farms in the region. Matt Howell, Agronomist for Platinum Agriculture in Meningie, spoke on how the maize has been adopted by farmers in the region and its use in dairies.

Photo Credit: Dairy SA https://www.facebook.com/dairysouthaustralia/

Grain markets this week saw a softening in cereal prices in all South Australian port zones. Grade spreads are tightening with the end result becoming wheat is just wheat despite the grade. We’re still seeing demand into domestic homes around the Adelaide region with some good selling opportunities into Murray Bridge and Wasleys for anyone who has kept grain onfarm. With many growers feeling there is still upside in grain markets in the coming months, those who can are choosing to hold stock back and taking a watch and see approach.

Prices as at 17th January

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

 

 

Follow us on social media