Grain Market Update – Wheat (April 2018)

20 April, 2018

The following graph shows the movement in Chicago (CBOT) December 2018 Wheat Futures price and the 2018/19 APW Multigrade price delivered Port Kembla. Wheat prices have steadily increased since January 2018 with the domestic price delivered port rising approximately $40/tonne … Continue reading


Grain Market Update – Canola (April 2018)

20 April, 2018

The following graph shows the movement in ICE November 2018 Canola Futures and the domestic canola price delivered Port Kembla. Canola prices fell away sharply at the end of the 2017 harvest with little recovery since. However, both the futures … Continue reading


Wool Market Update (April 2018)

20 April, 2018

The following graph shows the AWEX Eastern Market indicator (EMI) in cents per kilogram clean, from August 2009 to date. Decreased wool availability plus strong demand from buyers has led to all time record wool prices recently. While wool growers … Continue reading


Interest Rate Update (April 2018)

20 April, 2018

The following graph shows movements in both the 6 month and 3 year Bank Bill yield rates, for the period January 2006 to April 2018. These rates are wholesale rates which are net of any margin charged by financial institutions. … Continue reading


Grain Market Update – Wheat (November 2017)

21 November, 2017

The following graph shows the movement in Chicago (CBOT) December 2017 Wheat Futures price and the 2017/18 APW Multigrade price delivered Port Kembla. Prices have been somewhat variable during the second half of 2017.  Dry and frosty conditions in much … Continue reading


Grain Market Update – Canola (November 2017)

21 November, 2017

The following graph shows the movement in ICE November 2017 Canola Futures and the domestic canola price delivered Port Kembla. ICE futures have continued to strengthen since August, plus the basis has also improved during this period. At present the … Continue reading


Wool Market Update (November 2017)

21 November, 2017

The following graph shows the AWEX Eastern Market indicator (EMI) in cents per kilogram clean, from August 2009 to date. Decreased wool availability plus strong demand from buyers has led to all time record wool prices recently. While wool growers … Continue reading


Interest Rate Update (November 2017)

21 November, 2017

The following graph shows movements in both the 3 month and 3 year Bank Bill yield rates, for the period January 2006 to November 2017. These rates are wholesale rates which are net of any margin charged by financial institutions. … Continue reading


Protecting Crop Income from Adverse Weather Events

18 September, 2017

Frosts, droughts, floods and hot windy days can make farming a frustrating business at times.  When everything under the control of management has been done to obtain the best result, but a weather event occurs that significantly reduces the expected … Continue reading


Grain Market Update – Wheat (September 2017)

18 September, 2017

The following graph shows the movement in Chicago (CBOT) December 2017 Wheat Futures price and the 2017/18 APW Multigrade price delivered port. Since early January, both the futures and domestic price have remained flat with the basis at or close … Continue reading