
Waiting for oil to boost local values
Rising oil prices have boosted grain and oilseed prices, as the link with biofuel drags cereals from their lows. Growers sitting on old season grain

Rising oil prices have boosted grain and oilseed prices, as the link with biofuel drags cereals from their lows. Growers sitting on old season grain

The surge in the energy sector has also spilled over into alternative fuels, primarily corn ethanol and biodiesel. If the conflict drags on, pressure will

There is so much going on in Ag markets at the moment, anything that is written on a Monday is potentially out of date by

It feels like déjà vu writing about another conflict starting and the potential impacts on agricultural inputs and outputs. This time it’s Iran, not a

I’ll admit to being a bit surprised to see the wheat market continue to rally over the past week. The return to work after the

We recently had a query which came across the desk, (so to speak – in an email to be exact), which asked if canola would

With a truncated trading week due to the US Presidents Day public holiday, combined with much of Asia closed for Lunar New Year celebrations, you

With the feeding sector growing in both beef and lamb industries, along with the traditional large consumers, chicken and pork, there has never been as

Another mostly quiet week in the wheat pits. The Feb USDA and WASDE report barely rated a mention, other than raising US ending stocks and

The Australian dollar relative to the US dollar has lifted to levels not seen since early 2023, and not sustained since early 2022. We all

This weeks commentary is more about macro-economics and geopolitics that anything directly wheat oriented. Having climbed to over 0.70USc, the AUD has tipped over in

The final harvest reports are in, with further updates likely to offer minimal changes. Western Australia has received the promised bumper crop, while receivals on
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