Below is a list of price indications and estimates as at 19th February 2019

 

KEY TO PRICING

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 “Supplier Selling Expectations for Today Only” Unless otherwise stated. Prices shown below, show Buyer bid range on the left and seller offer range on the right  i.e Barley (bid range $360-$365/ Offer range $380-$395 Please note the “Bid / Offer Ranges are only derived from current markets and reflect both “Trade Buyers & Domestic Buyers AND Trade Sellers & Growers.

 

 

Australia

 

Barley

 

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

 

Reports of increasing interest of wheat & barley shipments into TPP, China, Saudi Arabia, Melbourne, Newcastle and Brisbane. However barley dropped lower again with delivered offers down from last update ▼ another $4 to Del Melb $363

 

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… so things are looking good… Average grower expectations ex-farm Victoria $375-$395 / Riverina/NSW $400-$412

 

Wheat

 

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

 

Wheat lost ground ▼ approx. $6-$10 to Del Melb $396-$408

 

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 $0.71.3) exports could see a resurgence as Australian Wheat & Barley & Pulses are world renowned  for quality. Again when you consider total harvest numbers compared to consumption and export commitments. it seems that reserves will be low or even depleted by July/August 2019.

 

For Firm Pricing & Market Guidance Call GrainPro:

 

Mario: 0412 315 548

Cameron: 0488 400 660

Nick : 0457 238 932

Josh: 0455 113 910

Planting Seed & Fertiliser: 1800 816 887

Jemma: Hay & Mixed Feeds: 1800 816 887

 

 

Below is a list of price indications and estimates as at 19th February 2019

 

Key to Pricing.

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 “Supplier Selling Expectations for Today Only” Unless otherwise stated. Prices shown below, show Buyer bid range on the left and seller offer range on the right  i.e Barley (bid range $360-$365/ Offer range $380-$395 Please note the “Bid / Offer Ranges are only derived from current markets and reflect both “Trade Buyers & Domestic Buyers AND Trade Sellers & Growers.

 

Indicative Prices For Today 19th February 2019

 

 

BARLEY F1: (Delivered Bids/Offers) ✪ ✪

VIC:

MELB ▼ $360-$365 / $368-$70

VIC GV ▼ $365-$370 / $375-$378

VIC WG ▼ $375-$385 / $400-$405

 

QLD:

CQ ▼ $390-$400 / $415-$420

DOWNS ▼ $378-$382 /  $395-$400

BRIS FOT ▼ $368-$370 / $372-$380

 

NSW:

LLP ▼$ /

RIV ▼ $445 /

NCTL FOT ▼ $385-$390 /  $395-$405

 

WHEAT min SFW: (Delivered Bids/Offers)

VIC:

MELB ▼ $403-$408 /  $408-$415

GV ▼ $405-$415 /  $415-$420

WG  ▼ $420-$430 / $435-$445

 

QLD: CQ ▼ $4 /

Downs ▼ $440 /

BRIS FOT ▼ $415-$420 / $425-$435

 

NSW: LLP ▼ $445-$50 / $460-$475

RIV ▼ $418-$425 / $430-$440

NCTL FOT ▼ $415-$425 / $430-$440

 

 

CHICKPEAS: (DCT Bids/Offers) 18/19

BRIS-SYD (Desi)  ▲ $850-$855 /  $880-$900  (Kabuli) ▲ $750-$755 / $800-$825

MELB-ADL  (Desi)  ◄►  $850 -$870 / $885-$900  – (Kabuli) ◄► $810-$850

LENTILS: (DCT Bids/Offers)

VIC / SA ▼ Nipper $560-$565 /  $585-$600 – Jumbo ▼ $600-$620 / $700-$720  – Nuggets ▼ $580-$585 / $660-$690

CANOLA ✪: (Delivered Bids/Offers) VIC ▼ $580-$582 / $620-$650 – NSW ▼ $615-$620 / $640-$655

SORGHUM: (Bids/Offers)

CQ XF ▼ XF $330-$335

DOWNS ▼ DEL $363-$370 / $370-$385

BRIS ▼ DEL $365-$370 /  $380-$390

NCTL ▼ DEL $400-$405 / $415-$425

MELB ▲ DEL No Bids / $490-$500 ✪

 

OATS M1: (Delivered Bids/Offers)

VIC ▼ $510-$520 /  $535-$550

NTH NSW ▼ $550-$555 /  $565-$570

 

CORN: (XFarm Bids/Offers) 18/19

VIC  ▲$445-$450 / $455-$465

RIV ▲$455-$460 / $465-$470

 

LUPINS Rnd: (XFarm Bids/Offers)

VIC ▲ $560-$565  / $570-$580  – Melb FOT $540-$545

 

LUPINS Albus: (DCT Bids/Offers)

VIC DCT ▼ $1150-$1155 / $1190-$1200 ✪

 

FIELD PEAS: (XFarm  Bids/Offers)

VIC ▼ $550-$560 /  $570-$600

 

FABA BEANS: (DCT Bids/Offers)

VIC – SA ▼$1120-$1130  / $1190-$1200

 

HAY: (XFarm Bids/Offers) VIC ▼ $195 – $210

 

STRAW: (XFarm Bids/Offers) SA / VIC ▼ $70 – $80

 

COTTONSEED: (FOT Bids/Offers) 18/19

MIA RIV ▲ $450-$460 /  $480-$490

NTH NSW ▲ $495-$500   /  $540-$550

QLD ▲$540-$550 /  $$580-$600