Wheat markets traded a mixed but slightly firmer tone this week. As of 26 September, CBOT wheat closed around US 527c/bu, up on the day.
US wheat prices seem to have support at levels that are reportedly close to, or lower than, the cost of production. With production forecasts rising
The USDA’s September report landed late last week and, as is often the case, raised more questions than answers. This release is closely watched, given
Last week we looked at the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) September Crop Report in terms of wheat yields and
Chicago wheat (CBOT) has bounced around on either side of unchanged this week as market participants seem unsure about tonight’s USDA report. This report is
The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) Crop Report is the nation’s official estimate of grain production for the coming harvest,
After making small, incremental steps forward in the past couple of weeks, the wheat market capitulated under the weight of supply numbers and poor demand
It is safe to say hay prices have peaked, with the latest Dairy Australia Hay Report showing declines in hay prices across NSW and Victoria,
Wheat prices have continued to trend sideways over the past week. A solid export program out of the US and slow Russian exports have enabled
While we await the ABARES September crop report for an update on expected yields from the coming harvest, we can get an idea from the
In a rare turn of events, the wheat market closed higher this week, breaking a multi-month downtrend. Still, one week does not make a trend.
The big news in grain markets last week was China imposing tariffs on Canadian canola. In theory, this should be good for Australian canola prices,
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