Market Comment
Black Sea bites back
Finally, we are starting to see the market react in a manner that many of us expected. For weeks, the wheat market largely shrugged off
Nick Booth
August 28, 2026
Finally, we are starting to see the market react in a manner that many of us expected. For weeks, the wheat market largely shrugged off
Canola prices have bounced back to their recent highs and sit at levels not seen since 2022. Global supply remains solid, with perhaps some tightness
Last week I attended the Eyre Peninsula Field Days at Cleve on South Australia’s West Coast. The season has been exceptionally kind so far, with
Wheat markets are behaving a little differently these days, with the forecasted El Nino and continuing disruptions in supply due to the conflict in Ukraine,
The Ag commodity markets have largely tread water this week, with the much-anticipated USDA data dump keeping most participants on the sidelines. Traders made only
Despite consuming more grain than ever locally, Australian feed grain prices usually follow international values closely as we are still a large exporter. In the
Some weeks are just meant to humble you. This past week was one of them. The volatility we’ve seen is a timely reminder that markets
Part of the campaign on tariffs from the US over the past 18 months has been to help encourage trading partners to take more US
What a difference a week can make. Having watched risk premiums build steadily for a couple of weeks, those same premiums were stripped away almost
The conflict in the Middle East continues to drive volatility in oil markets, and last week it added some impetus for higher canola prices. Early
Wheat markets across the globe exploded back into life this week as two old flash points reignite. Chicago (CBOT) has rallied 31c/bu – or approximately
Winter crop plantings are down, but almost ideal conditions in many cropping regions since planting have forecast yields pushing record levels. Wheatcast is the CSIRO’s
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