SA Market Update 21/12/2018

Kate Phillips, Agfarm Regional Manager South Australia

What a harvest and what an end to the year. Harvest 2018 has certainly thrown some curve balls at not only SA but the country as a whole and the past week has been no different. I left home yesterday (Wednesday) in the bucketing rain with 10mms already in the gauge and by the time I pulled up beside a header just outside of Balaklava it was sunny and near on 40 degrees.

The rain has made the end of harvest slow going for some. Thankfully the previous week provided ideal harvest conditions for many who took the opportunity to crack through so headers are away before the reindeer take flight early next week. It does look like the rain will hold off for at least the next eight days with the temperature set to hit the high 30s for Christmas day and even warmer for all the Boxing Day backyard cricket games.

Viterra are closing in on 3.5MMT of receivals this harvest with quality continuing to realise strong levels of hard wheat and feed barley. It’s been great speaking to growers who have never reaped H1 before and have predominantly seen this quality come out of their paddocks this year.

Markets have joined in the pre-Christmas cheer with an upward swing in both the Port Adelaide and Port Lincoln zones. Both barley and wheat have performed well this week with rises from $8-15/MT week on week. APW1 wheat hit $400/MT, H1 rose to $425/MT and H2 to $415/MT Port Adelaide zone. Delivered markets continue to attract attention with bids for feed barley into Wasleys and Murray Bridge at $340/MT and ASW1 into Murray Bridge at $392/MT.

 
 

Pictured is Jamie and Maurice Tiller reaping monarch chickpeas in Balaklava

 

Prices as at 20th December

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

 

 
 
 

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