Market Analysis
The WA wheatbelt no more
While the official crop report is a little way off, the Grain Industry Association of Western Australia (GIWA) has had a crack at estimating sowing
Angus Brown
May 12, 2026
While the official crop report is a little way off, the Grain Industry Association of Western Australia (GIWA) has had a crack at estimating sowing
Grain markets did an abrupt about face this week. After weeks of steadily rising, ag commodities led by wheat erased a month’s worth of gains.
Last year it felt like we were writing about tariff impacts every week, this year it’s the Middle East conflict and subsequent rising cost of
Grain markets are firmly in the grip of the weather gods right now. The US HRW crop continues to draw attention, holding at 30% good-to-excellent
Forecasting a change in planted hectares of the winter crop nationally is already difficult, now there is an energy shock to factor in as well.
As has become typical in this “new normal,” markets swung through another week of diametrically opposite headlines. Some of that volatility can be traced back
The latest long range weather updates are not looking great for the coming cropping season. Local cereal prices are starting to move on the forecasts,
The constant flip-flopping in the Middle East is starting to lose its punch as a market driver. The latest move from the US to effectively
While rising energy prices are pushing the cost of everything higher, grain prices continue to track sideways. Canola tried to have a rally but fell
Commodity markets are being pulled in multiple directions all at once. A tenuous cease fire announced this week brought a broad sell off, with crude
The price of everything is seemingly rising. For those in livestock feeding industries freight and energy costs will be biting at margins, but the main
Whether or not the “new way” markets operate is here to stay or not, this week was a clear example of headline driven trade impacting
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