With the devastation to many communities over the summer in New South Wales and Victoria, these events have really put life into perspective for many and the only real means of stopping this whole tragedy is rain (and lots of it) so let’s hope it comes soon.
Harvest is winding up as we head into Christmas with local markets firming over the past three weeks. This strength isn’t being driven by any offshore demand for Australian wheat but more simply a case of growers being unwilling sellers at this time or price.
GrainFlow sites in south east Australia will manage through extreme heat this week to continue to serve growers. Sites are adjusting their opening hours to avoid the hottest times of the day – expected to reach the mid to high 40s.
As many growers expected - most traders, flour millers, livestock feed lotters and general end users have awoken from their slumber to the realisation that the south will not have all the protein and supply requirements that are needed.