BULK GRAIN PRICE UPDATE as at 30TH MAY 2019

TODAY’S GENERAL MARKET INDICATIONS

AUD/ USD ▼ $0.69.1… !

US Market Gapping Higher Again Shorts Going Off :

BEANS ▲▲▲ CORN ▲▲ WHEAT ▲▲

AUSTRALIA

CEREALS:

BARLEY ▲▲ WHEAT ▲▲ OATS ▲▲ CORN ▲

PULSES

LUPINS ▲▲ FABA BEANS ▼PEAS ▼ CHICKPEAS▲

OIL SEEDS

CANOLA ▲▲ SAFFLOWER ▲ SUNFLOWER ▲

TODAY’S MARKET PRICES 30TH 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 ▲▲ $380-$388 / ▲▲ $410-$440
VIC GV ▲▲ $395-$405 / ▲▲ $415-$450
VIC WG ▲▲$407 -$415 / ▲▲ $445-$465

Import Fear
QLD: CQ ▲ $405 – $410 / ▲ $422-$440
DOWNS ▲ $417 – $420 / ▲ $420 – $445
BRIS FOT ▲ $392-$398 / ▲ $415 – $425

NSW: LLP ▲ $420 – $422 / ▲ $450-$465
RIV ▲ $405 – $410 / ▲ $430-$440

Import Fear
NCTL FOT ▲ $385-$390 / ▲ $415-$420

SA – ADL FOT: ▲ $335-$342 / ▲ $355-$365
SA STH EAST: DEL: ▲$357-$365 / ▲ $395-$405

WHEAT min SFW Delivered

VIC: MELB ▲ $400-$405 / ▲ $420-$435
VIC GV ▲ $405-$410 / ▲ $430-$442
VIC WG ▲ $420-$425 / ▲ $445-$465

Import Fear
QLD: CQ ▲ $410 – $417 / ▲ $438-$455
DOWNS ▲ $415 – $420 / ▲ $440 -$450
BRIS FOT ▲ $390+ / ▲ $400-$410

Import Fear
NSW: LLP ▲ $405 – $410 / ▲ $450 – $460
RIV: ▲ $410 -$415 / ▲ $430-$445
NCTL FOT ▲ $400 / ▲ $408 – $415

SA – ADL FOT: ▲ $348-$355 / ▲ $370-$395
SA STH EAST: DEL: ▲ $380-$395 / ▲ $405-$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: ▲ $615 – $625 / ◄► $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 ▲ $487-$490 / ▲ $518-$530
VIC MELB FOT WA ORIGIN OFFERS ◄► $537-$540

NTH NSW NCTL FOT OFFERS ONLY ▲ $550-$555

NTH NSW PARKES FOT OFFERS ONLY ▲ $570-$575

CORN: /2019

VIC XF Feed ◄► $445-$450 / ◄► $482-$485
RIV XF Gritt ▲ $473-$485 / NO Offers
NSW ◄► NO BIDS / ▲ $545-$555

LUPINS Round:

VIC XF ▲ $615 -$620 / ▲ $630 – $635

WA ORIGIN: Melb FOT ▼ $515
WARNING: NOT PERMITTED TO BE TRANSPORTED INTO NSW

LUPINS Albus: DCT

VIC DCT ▼ $800 / ◄► $1200-$1420 ✪

FIELD PEAS NO1s:

VIC DCT ▼ $545 – $550 / ◄► $625-$635

FABA BEANS NO1s DCT

VIC – SA ▲ $845 / ◄► Offers $1000-$1100

COTTONSEED: 2019

MIA RIV ▲ Bids $460-$465 / Offers ◄► $475-$510
NTH NSW ▲ Bids $520-$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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