BULK GRAIN PRICE UPDATE as at 29TH MAY 2019

TODAY’S GENERAL MARKET INDICATIONS

AUD/ USD ◄► $0.69.2… !

US Market :

BEANS ▲ CORN ▲ WHEAT ▲

AUSTRALIA

CEREALS:

BARLEY ▲ WHEAT ▲ OATS ▲ CORN ▲

PULSES

LUPINS ▲ FABA BEANS ▼PEAS ▼ CHICKPEAS ▼

OIL SEEDS

CANOLA ▲ SAFFLOWER ▲ SUNFLOWER ▲

TODAY’S MARKET PRICES 29TH MAY

KEY TO PRICING

Price estimates are based on averages & dependent on X-Farm Location or Delivery Methods, Prices indicated below show the changes ▲▼ ◄► from the previous update. Please note listed prices are based on “Buyer/Supplier Bids/Offers for Today Only” Unless otherwise stated. Prices shown below, show Buyer bid ranges on the left and seller offer ranges on the right i.e Barley (bid range $-$ / Offer range $-$ Please note the “Bids & Offer Ranges are only derived from current markets and reflect both “Trade Buyers & Domestic Buyers AND Trade Sellers & Growers.

BARLEY F1 – Delivered

VIC: MELB ▲ $372-$378 / ▲ $389-$410
VIC GV ▲ $387-$390 / ▲ $405-$420
VIC WG ▲$402 -$405 / ▲$439-$445

Import Fear
QLD: CQ ▲ $397 – $407 / ▲ $419-$440
DOWNS ▲ $407 – $410 / ▲ $415 – $440
BRIS FOT ▲ $382-$398 / ▲ $405 – $420

NSW: LLP ▲ $408 – $412 / ▲ $449-$465
RIV ▲ $388 – $395 / ▲ $428-$440

Import Fear
NCTL FOT ◄► $375-$380 / ▲ $412-$420

SA – ADL FOT: ▼ $330-$342 / ◄► $352-$365
SA STH EAST: DEL: ◄► $355-$365 / ◄► $392-$405

WHEAT min SFW Delivered

VIC: MELB ▲ $382-$389 / ▲ $415-$430
VIC GV ▲ $380-$385 / ▲ $428-$440
VIC WG ▲ $395-$400 / ▲ $435-$455

Import Fear
QLD: CQ ▲ $407 – $412 / ▲ $435-$455
DOWNS ▲ $412 – $420 / ▲ $438 -$450
BRIS FOT ▲ $385 / ▲ $395-$400

Import Fear
NSW: LLP ▲ $395 – $400 / ▲ $445 – $460
RIV: ▲ $387 -$395 / ▲ $425-$437
NCTL FOT ▲ $397 / ▲ $405 – $415

SA – ADL FOT: ▲ $345-$350 / ▲ $368-$375
SA STH EAST: DEL: ◄► $370-$375 / ◄► $402-$425

CHICKPEAS: DCT 18/19

BRIS-SYD (Desi) ▼ $725 – $730/ ◄► $875 – $900 (Kabuli) ◄►NO BIDS / ◄► $1060-$1150

MELB-ADL (Desi) ◄► $740 – $750 / ◄► $875-$900 (Kabuli) ◄► $800-$810 / ◄► $1055-$1150

LENTILS: DCT

VIC / SA ▼ Nipper $565-$575 / ◄► $610-$620 Nuggets No Bids / ◄► $610-$640

FEED LENTILS XF:

VIC / SA ◄► $457-$458 / ◄► $475-$480

CANOLA Delivered

VIC Melb: ▲ $605 – $615 / ▲ $670-$690

NSW Syd/Nctl: ◄► $635-$640 / ◄► $685-$690

SORGHUM

Import Fear
CQ FOT ◄► $325-$335 / ◄► $360-$365
DOWNS DEL ▲ $355 – $357 / ◄► $370-$385
BRIS DEL ◄► $367-$370 / ◄► $385-$405
NCTL DEL NO BIDS / ▲ $407-$420
MELB DEL No Bids / ◄► $465-$470

OATS M1: ON-FARM

VIC ◄► $485-$490 / ◄► $515-$530
VIC MELB FOT WA ORIGIN OFFERS ◄► $537-$540

NTH NSW NCTL FOT OFFERS ONLY ▲ $547-$555

NTH NSW PARKES FOT OFFERS ONLY ▲ $567-$575

CORN: /2019

VIC XF Feed ◄► $445-$450 / ◄► $482-$485
RIV XF Gritt ▲ $472-$485 / NO Offers
NSW ◄► NO BIDS / ▲ $542-$555

LUPINS Round:

VIC XF ◄► $612 -$615 / ▲ $628 – $635

WA ORIGIN: Melb FOT ◄► $525
WARNING: NOT PERMITTED TO BE TRANSPORTED INTO NSW

LUPINS Albus: DCT

VIC DCT NO Bids / ◄► $1200-$1420 ✪

FIELD PEAS NO1s:

VIC DCT ◄► $565 – $570 / ◄► $625-$635

FABA BEANS NO1s DCT

VIC – SA ◄► $840 / ◄► Offers $1000-$1100

COTTONSEED: 2019

MIA RIV ◄► Bids $455-$465 / Offers ◄► $475-$510
NTH NSW ◄► Bids $517-$525 / Offers ◄► $558-$570
QLD Del ◄►$525 / Offers ◄► $552

For Firm Pricing & Market Guidance Call GrainPro

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1800 816 887 or visit: www.grainpro.com.au

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