Grain Market Update – Wheat (July 2018)

23 July, 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. New crop wheat prices have steadily increased since January 2018, driven by the late break and demand … Continue reading


Grain Market Update – Canola (July 2018)

23 July, 2018

The following graph shows the movement in ICE November 2018 Canola Futures and the domestic canola price delivered Port Kembla. The new crop canola price delivered port has increased steadily since January 2018. For the majority of the period the … Continue reading


Interest Rate Update (July 2018)

23 July, 2018

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


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


General Comments – Newsletter November 2017

21 November, 2017

This year has reinforced the folly of designing production systems from the top down, based on commodity prices prevailing last year or early this year, rather than from the bottom up based on physical factors.  It has been witnessed yet … Continue reading


Farmland Ownership

21 November, 2017

Farm succession planning or transition of the farm business to the next generation, usually involves a transfer of farmland somewhere in the process.  To date, the transfer of farmland owned prior to the commencement of Capital Gains Tax (CGT) in … 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