Last week saw the first grain ships departing Ukraine since February invasion signalling, that at least for now, Moscow intends to honour the safe passage agreement brokered late last month...

As we approach the mid-point of the winter months, the Australian crop conditions are for the most part, well setup right across the country. 

The Australian Bureau of Agricultural Resource Economics and Sciences (ABARES) recently released its June report, tipping Australia to produce its fourth largest winter crop on record at 50.9 million tonnes. 

The global market caught a shock late last week when India announced an abrupt ban on its wheat exports on May 14.

As sowing programs across the country ramp up on what for the most part is a full moisture profile, Australian farmers look primed to capitalize on record prices for their product. 

International markets continue to trade erratically on the back of expected supply chain disruptions due to the situation in Ukraine. Whilst we all hope for a swift end to the conflict, it is impossible to predict how things will progress and as such international markets continue to trade volatile ranges on a daily basis.

The rapid escalation of conflict in Eastern Europe is frightening, unprecedented and the toll on humanity is devastating. The uncertainty of the situation is driving Agricultural commodity markets into territory not seen in almost a decade....

New season canola prices are starting the year in nosebleed territory relative to other years, which makes canola a very attractive option to growers in 2022 . 

As December finally brought the welcome news of a reprieve from the rain across most of the East Coast, the increase in harvest activity unfortunately seemed to coincide with a decrease in values to the Australian grower. 

The month of November in New South Wales is typically met with temperatures warming up, little to no rainfall and harvest gathering momentum across the state.

In what feels like a theme that will persist throughout the Australian harvest, the first weeks of header activity have faced some early challenges from mother nature. 

Wheat futures ended the week with a bang on Friday night increasing their fightback after weeks of stagnation. All this action in wheat, all the while east coast canola prices continue their march towards A$1,000 per tonne – a price which has already traded in Western Australia.

Winter is behind us and the Australian wheat crop is in great shape for another bumper harvest with most forecasts falling short of a record year but well in excess of 32 million tonnes. 

It seems the age-old saying, 'one man's misfortune is another man's opportunity' is playing out in Australia this season...

With welcome rain across the month of June the majority of Australia's cropping regions are shaping up to have an average to well above average production year for 2021/22. 

As Phillip Lowe, the Reserve Bank of Australia governor said last week, the performance of the Australian agriculture sector throughout the Covid pandemic has helped underpin the nation’s economic recovery.

There’s rarely a dull day in Australian Agriculture and the past few weeks has been no exception, with a lingering summer program seeing both harvesting and planting operations being carried out side-by-side in many areas of the East Coast, with the associated logistics of it all under the pump too.

What a month it has been. A Cyclone tore through the northern wheatbelt, heavy downpours for the remaining wheatbelt and commodity markets rallying heavily over the past three weeks...

Fresh data released from the United States Department of Agriculture (USDA) and the Australian Bureau of Statistics (ABS) highlighted the strong grain export program being executed around the world at present, with Australia featuring prominently in wheat, barley, sorghum and oilseeds.

A week can be a long time in grain markets and the week just passed was no exception. With over eight inches of soaking rain received in parts of Southern and Central New South Wales cropping belts since Thursday last week, agriculturalists will look back fondly.

Overseas markets have been erratic over the past couple of weeks, to say the least. With most markets predominantly being driven by China recently, with their New Year holiday taking place, US futures have turned to fundamentals for price action.

Certainly an interesting start to the new year from a grain marketing perspective with some big swings on CBOT wheat futures pushing past 670 US cents per bushel, barley tenders awarded and canola prices riding a roller coaster for the month.

Over the last six months we have seen global agricultural commodity markets navigate through the COVID-19 pandemic with a very strong bullish undertone.

Australia’s export infrastructure is facing one of its greatest tests with a near record crop on the East Coast and surging demand for Australian grain around the world.

2020 has been a forgettable year for lots of reasons, from bushfires to Covid-19. But the year is shaping up to be completely memorable as one of the best cropping seasons in recent times.

The month of November has been one of the busiest in recent years with over 7 million tonnes of grain received into the bulk handling system on the east coast alone coinciding with the New South Wales harvest close to 75% completed.

GrainFlow’s Dynamic Binning is upgrading almost 15% of wheat deliveries across it’s storage and handling network this season. 

The harvest to date has been punctuated by weather interruptions throughout the cropping belt of New South Wales and Southern Queensland. From all reports it hasn’t been a question of did you get rain, but more of how much was received.