BULK GRAIN PRICE UPDATE as at 31ST MAY 2019

TODAY’S GENERAL MARKET INDICATIONS

AUD/ USD ◄► $0.69.1… !

US Market Gapping Higher Again AS Shorts Blowing 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 31st 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 ▲▲ $388-$395 / ▲▲ $415-$440
VIC GV ▲▲ $405-$410 / ▲▲ $420-$450
VIC WG ▲▲$410 -$415 / ▲▲ $450-$465

Import Fear
QLD: CQ ▲ $420 – $425 / ▲ $432-$440
DOWNS ▲ $420 – $425 / ▲ $430 – $445
BRIS FOT ▲ $400-$402 / ▲ $420 – $425

NSW: LLP ▲ $422 – $425 / ▲ $452-$465
RIV ▲ $407 – $410 / ▲ $432-$440

Import Fear
NCTL FOT ▲ $387-$390 / ▲ $417-$425

SA – ADL FOT: ▲ $337-$342 / ▲ $355-$365
SA STH EAST: DEL: ▲$357-$365 / ▲ $395-$405

WHEAT min SFW Delivered

VIC: MELB ▲ $400-$405 / ▲ $422-$435
VIC GV ▲ $407-$410 / ▲ $432-$442
VIC WG ▲ $422-$425 / ▲ $447-$465

Import Fear
QLD: CQ ▲ $412 – $420 / ▲ $440-$455
DOWNS ▲ $417 – $420 / ▲ $442 -$450
BRIS FOT ▲ $397+ / ▲ $405-$412

Import Fear
NSW: LLP ▲ $415 – $420 / ▲ $452 – $460
RIV: ▲ $420 -$422 / ▲ $432-$445
NCTL FOT ▲ $405 / ▲ $410 – $420

SA – ADL FOT: ▲ $340-$355 / ▲ $372-$395
SA STH EAST: DEL: ▲ $385-$395 / ▲ $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: ▲ $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 ▲ $500-$505 / ▼ $507-$510
VIC MELB FOT WA ORIGIN OFFERS ◄► $537-$540

NTH NSW NCTL FOT OFFERS ONLY ▲ $555-$575

NTH NSW PARKES FOT OFFERS ONLY ▲ $579-$585

CORN: /2019

VIC XF Feed ◄► $445-$450 / ◄► $482-$485
RIV XF Gritt ▲ $473-$485 / NO Offers
NSW ◄► NO BIDS / ▲ $555-$565

LUPINS Round:

VIC XF ◄► $615 -$620 / ◄► $630 – $635

WA ORIGIN: Melb FOT ▲ $540
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 $465-$475 / Offers ▲$485-$510
NTH NSW ▲ Bids $522-$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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