Basis Commodities – Australian Crop Update – Week 12, 2023

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 cash markets were mixed over the past week. Canola was sharply lower in all states with the washout in European and Canadian futures. Bids to the grower were down…

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Basis Commodities – Australian Crop Update – Week 25 2022

Market Update Domestic markets were mixed across commodities and port zones in the past week. Old crop east coast wheat was firmer as traders stepped up efforts to encourage farmer selling. South Australia and Western Australia old crop wheat bids were softer with exporters more comfortable with the old crop positions. East coast feed grain…

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Australian Crop Update

Weekly summary of the Australian crop conditions, global commodity markets, freight and currency.

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