VICTORY® Canola Washout Free Tonnes
Growers in NSW have captured on average, a $20 premium, above the current market with no production risk. 50% of growers have captured this premium by pricing washout free tonnes on their VICTORY® Canola Contract.
Washout free tonnes are a key feature of the VICTORY® Program, allowing growers to take advantage of early market pricing with no washout risk. Learn more about the VICTORY® program and our range of Hybrids here
Outlined in the below chart is an example of the weighted average VICTORY® pricing (net of the premium) that has been locked in production risk free this season in the Port Kembla Zone.
Confidence restored after consistent rainfall
As we now enter the middle of July with the lions share of the east cropping belt receiving not just timely but consistent widespread precipitation, it appears that confidence has been restored following on from consecutive droughts.
Read MoreMarket awakens from seasonal slumber
After a month of declining US futures, the market finally awoke on the last day of June sparked by the USDA’s acreage and stocks report.
Read MoreSA Market Wrap - July
This update is coming to you from the Eyre Peninsula (EP) in South Australia where timely opening rains got seeding underway early for the majority around mid-April.
Read More