Posts by Basis Commodities

2022/2023 Season (New Crop) – USD FOB NEW CROP PRICES ARE BASED ON TRACK BID/OFFER SPREAD PLUS ACCUMULATION & FOBBING COSTS AND ARE NOT FOB PRICE INDICATIONS. Australian Grains & Oil Seed Market Australian markets were softer last week for wheat, barley and canola with further declines in global values. The size of the price declines varied by port zone on…

2022/2023 Season (New Crop) – USD FOB NEW CROP PRICES ARE BASED ON TRACK BID/OFFER SPREAD PLUS ACCUMULATION & FOBBING COSTS AND ARE NOT FOB PRICE INDICATIONS. Australian Grains & Oil Seed Market The Australian domestic markets ended the week mixed with cash buyers returning following the sharp selloff in CBOT wheat which saw wheat bids up AUD$10-15/MT. The trade bids…

Australian growers planting intentions are usually made by the national holiday of Anzac Day which falls on the 25th of April each year. This date is seen as important as the cropping area will already have seen summer rainfall providing subsoil moisture and the long term weather forecast will already be understood to support crop growth.…

2022/2023 Season (New Crop) – USD FOB NEW CROP PRICES ARE BASED ON TRACK BID/OFFER SPREAD PLUS ACCUMULATION & FOBBING COSTS AND ARE NOT FOB PRICE INDICATIONS. Australian Market Review The Australian domestic wheat market was sharply lower at the close of last week as buyers reflected declines in CBOT and Matif while the 2.7% decline in the AUD/USD lessened the…

2022/2023 Season (New Crop) – USD FOB NEW CROP PRICES ARE BASED ON TRACK BID/OFFER SPREAD PLUS ACCUMULATION & FOBBING COSTS AND ARE NOT FOB PRICE INDICATIONS. Australian Market Review Big crops get bigger, and this has certainly been the case with Australia’s 2022/23 winter crop. The crop production forecasts across the board are higher following the harvest receival data showing…

2022/2023 Season (New Crop) – USD FOB NEW CROP PRICES ARE BASED ON TRACK BID/OFFER SPREAD PLUS ACCUMULATION & FOBBING COSTS AND ARE NOT FOB PRICE INDICATIONS. Australian Market Review Domestic markets in Australia were generally firmer in the past week as buyers and traders do their best to purchase available farmer offers to cover off nearby export positions. It was…

The Growing and Bailing season for the Australian hay industry has concluded for the 2022/23 season. It is around this time that production numbers and quality can be quantified, and the results of the season are reported. The total production for the 2022/23 season is estimated at 11.2MMT of fodder production with an exportable quantity…