The Western Australian grain industry has just marked a significant milestone with the successful shipment of FAQ malt barley from Albany Berth 2, bound for China. The shipment is Commodity Ag’s First barley shipment, with Flexi Grain managing the sale and execution, along with bulk shipping on behalf of growers ...
Don’t get caught holding grain in Export Ports. Growers holding stocks of unsold grain in export ports, run the risk of declining/non-existent buyer activity as buyers fill their shipping programs. Dwindling quantities of unsold grain (less than complete boat loads) and remaining shipping slots running into the start of the ...
Tight global stock levels, winterkill concerns and general poor conditions in the US and BlackSea winter wheat crops are supporting global futures markets. Rallying Corn prices and dry weather impacting the Argentine corn crop are adding to this. CBOT May 2025 Wheat Futures Contract (August 2024 – 18/2/25) Significant levels ...
Summary The Details As mentioned in previous updates, global wheat stocks are tight with the stocks to use position of the 8 major wheat exports at levels not seen since 2013-14 and basis record tight stocks component. Over the past 6 months or so, global wheat prices have largely ignored ...
SUMMARY Strong Export Demand moving from WA to Eastern Australia WA Growers very well sold US Tariffs and High Corn Prices Impacting global supply SA Grower cash bids improving but not across all Port Zones Flexi Grain’s Barley Collaborative Export Program Closing soon. Barley prices are firming in the face ...
SUMMARY After spending the majority of December and early January with a negative narrative, wheat has recently caught a bid, in both futures and cash markets up around 10 + from the lows with Corn markets underpinning the strength. The market has moved through a lot of the short term ...
Last week’s WASDE report for January (USDA’s World Agricultural Supply and Demand estimates) cut both US Corn and Soybean production significantly more than expected by the trade resulting in lower 2024/25 US ending stocks for both crops. 5mmt was cut from US Corn carryout. These revised estimates were the trigger ...