Milling Oats: On-Farm or FOT
Victoria, South Australia Nth NSW and Riverina

Sorghum Sorg 1: OnFarm or FOT

Riverina, Nth NSW, Qld

CottonSeed: X-Gin
MIA, Nth NSW, Downs

Sunflower Black & Grey: OnFarm or FOT
VIC, Riverina, Nth NSW, QLD

White French: Nth NSW & QLD

Field Peas: OnFarm Victoria

Lentils: OnFarm or FOT: Victoria, SA

Lupins Round: Victoria & Riverina

Lupins Albus: Riverina

Faba Beans: Victoria & SA

For Firm Pricing Call GrainPro Marketing Specialists:

Mario : 0412 315 548

Cameron : 0488 400 660

Nick: 0457 238 932

Josh : 0499 546 199

Angela Seeds & Fertilisers: 0407 462 385

Jemma: Hay & Feed 1800 816 887

 

GrainPro Pricing Update as at 24 Jan 2019.

Barley

Total Australian Harvest Approx. 5.7 Million Tonnes (3.8 from WA)

**

Reports of preparing shipments into TPP, China, Saudi Arabia, Melbourne, Newcastle and Brisbane. Barley remained slightly lower yesterday with some strengthening toward the end of this week with on-farm indications as listed in the chart below.

Australian Barley Consumption for 2019 is estimated to be approx. 3.4 Million Tonnes – With an Export Minimum Commitment of 3-4 Million Tonnes

Grower confidence continuing to strengthen saying with only approx. 5.7 million tonnes of barley in the country and an average Australian consumption of 3.4 million tonnes and a commitment to export min 4 million tonnes to TPP and other countries… “things are looking good for barley post June 2019″… Average Grower expectations ex-farm Victoria from ◄► $390-$410 Riverina/NSW $420-$430

Wheat

Total Australian Harvest Approx. 17.9 Million Tonnes (14.8 from WA)

Wheat was unchanged ◄► at approx XF VIC $407-$420. XF NSW $417-$332 & SA XF $382-$390

Australian Wheat Consumption for 2019 is estimated to be approx. 9 Million Tonnes – with a minimum export commitment of 8-10 Million Tonnes.

However with a sliding AUD (currently ▼ $0.71.1) exports could see a resurgence as Australian Wheat, Barley & Pulses are world renowned for superior quality. Again, when you consider total harvest numbers compared to consumption and export commitments.. its seems that reserves will be low or even depleted by July/August 2019.

Below is a list of price indications and estimates as at 24 January 2019

Price estimates are based on averages & dependent on X-Farm Location or Delivery Methods, Prices indicated below show the fluctuations ▲▼ ◄► from the previous update. Positive short-term pricing outlook (6-8 Weeks) indicated by ✪ Long-Term (3-6 Months) ✪ ✪ Please note listed prices are based on “Grower Selling Expectations for Today”.

For Firm Pricing & Market Guidance Call GrainPro:

Mario : 0412 315 548 Overall Market Pricing Strategy

Cameron : 0488 400 660

Nick: 0457 238 932

Josh : 0499 546 199

Angela Seed & Fertilisers: 0407 462 385

Jemma: Hay & Feeds 1800 816 887

Indicative Prices For Today 24 January 2019

BARLEY F1: (Delivered)
VIC: MELB ◄► $418 / GV ◄► $437 / WG ▲ $454 ✪ ✪
SA: ADL ◄► $395 ✪ ✪
QLD: CQ ▲ $442 / DOWNS ▲ $425 / BRIS FOT ▲ $422 ✪ ✪
NSW: LLP ◄► $455 / RIV ◄► $462 / NCTL FOT ◄► $420 ✪ ✪

WHEAT min SFW: (Delivered)
VIC: MELB ◄► $440 / GV ◄► $445 / WG ◄► $455
SA: ADL from ◄► $395
QLD: CQ ◄► $475 / Downs ◄► $465 / BRIS FOT ◄► $440
NSW: LLP ▲ $475 / RIV ◄► $467 / NCTL FOT ◄► $442

FABA BEANS: (DCT) VIC ▲$1050 SA ▲ $1040

COTTONSEED: FOT: MIA RIV ▲ $555 NTH NSW ▲ $590 Downs ▲ $650 – New Season XGIN MIA $440 XGIN Nth NSW $490 XGIN Downs $545 ✪

SORGHUM: (Delivered)
CQ XF ◄► $327 / DOWNS ◄► $360 BRIS ▲ $365 / NCTL ◄► $375 MELB ◄► $475 ✪

OATS M1: (Delivered) VIC ▲ $530 RIV ▼ $527 NTH NSW ▲ $567 QLD ▲ $617 ✪

CORN: (Delivered) 17/18 NTH NSW ▲ $570 VIC ▲ $555 New Season 18/19 XF VIC $455 XF RIV ▲ $467 XF Nth NSW ▲ $535

LUPINS Rnd: (Delivered) VIC ▲ $566 SA ▲ $540 NTH NSW ▲ $655 ✪

LUPINS Albus: (DCT) VIC ▼: $1150 SA ◄► $1200 ✪

CHICKPEAS: (DCT) BRIS / MELB / ADL / SYD – Desi 17/18 ▼ $865 18/19 ▼ $915 Kabuli ▼$897 ✪✪

LENTILS: (DCT) VIC / SA ◄► Nipper $635 / Jumbo ◄► $725

CANOLA: (Delivered) VIC ▲ $627 / NSW ▲ $657 ✪

FIELD PEAS: (DCT) VIC ◄► $715 SA ◄► $720

HAY: (On-Farm) SA / VIC ◄► $210 – $240

STRAW: (On-Farm) SA / VIC / NSW ▼ $90 – $100

CANOLA MEAL: (FOT) VIC ◄► $470 NSW ◄► $500 ✪

ALMOND HULLS: FOT: VIC ◄►$185 NSW ◄►$210