Hopes rising or a false dawn?
The wheat market was able to post some modest gains for the week with geopolitics, weath-er and some technical short covering adding support. Oilseeds too,
The wheat market was able to post some modest gains for the week with geopolitics, weath-er and some technical short covering adding support. Oilseeds too,
The hedging window for next season is closing for wheat, and at current levels, there are probably not too many growers rushing to do anything.
Wheat has trended sideways for the week as the market looks for future direction. The general consensus is for continued pressure as Russia amps up
The March Crop Report released by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) rarely changes much from December for winter crops,
If you find yourself perplexed by the current state of the wheat market, you are not alone. The most widely traded wheat class, US SRW,
With canola prices in decline for the past two harvests, and planting preparations beginning, many growers will be wondering what is in store for canola.
The wheat futures market finished virtually unchanged for the week. We should prob-ably consider this a win as corn and beans keep making new lows
Grain export information is often limited to anecdotal information around the pace of exports. There is data available from the Australian Bureau of Statistic (ABS),
For all the doomsday prophecies around the outlook for commodities, this week wheat managed to stage something of a recovery, albeit a modest bounce. The
Grain markets appear to absorbing the negative news at the moment, but we are only early in the growing season for many northern hemisphere crops.
The USDA recently held their global outlook forum, a two-day conference to release forecasts for domestic US and global supply, demand, and prices. Word on
A couple of weeks ago we took a look at feed grain prices, showing how strong world corn supplies were depressing global feed values, and
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