A continued lack of grower selling has driven up wheat and barley prices by up to $20 per tonne in the past month as traders scramble to cover short positions amid difficult supply conditions…Read More
Liz Wells, January 17, 2020
Decision time came this week for many with forward positions in sorghum as Christmas shutdowns ganged up with the poor weather outlook to trigger a spike in March/April sorghum trades, and wheat and barley firmed…Read More
Liz Wells and Henry Wells, December 20, 2019
Five feedlots across Australia have been awarded for consistently producing cattle that achieve outstanding compliance rates to Meat Standards Australia specifications…Read More
Beef Central, December 19, 2019
Southern consumer demand saw prices climbing in Victoria and kept growers reluctant sellers. Port Pirie’s first shipment discharged in Brisbane, SA to become the major supplier into the north…Read More
Some heat-related harvest bans and Wimmera growers’ willingness to hold sales after cashing hay and canola maintained upside pressure on cash and futures. Yields remain below average from WA to southern Queensland…Read More
Liz Wells and Henry Wells, December 9, 2019
The stock water access situation for eastern states feedlots continues to deteriorate, with one large Queensland yard this week proposing to charge custom-feeding clients for carted water from early next year…Read More
Jon Condon, November 28, 2019
Wheat prices are showing no signs of easing, but new-crop barley prices have dropped a few dollars per tonne in the past week to levels which are buying domestic slots in eastern Australia and exciting some export interest…Read More
Liz and Henry Wells, November 28, 2019
A record-high breakeven figure has been recorded in Beef Central’s monthly 100-day grainfed steer trading budget calculated this morning. Using our standard set of variables, we’ve arrived at a $47 loss on our typical 450kg feeder steer entering a downs feedlot today, and closing out after a 105 day program in March next year…Read More
Jon Condon, November 27, 2019
Wheat and barley bids to growers lift $5-10/t as growers remain reluctant sellers at current levels. Sorghum prices rally further as hopes for widespread early plant evaporate. ASX slides…Read More
Henry and Liz Wells, November 25, 2019
Cattle on feed across Australia for the September quarter remained at close to record levels, with only minor seasonal declines recorded in some southern states…Read More
Beef Central, November 19, 2019
Short covering for wheat and sorghum has lifted values for both grains, and supported barley prices, as the wait for Victorian grain in volume continues and GrainCorp issues its first 2019/20 harvest report…Read More
Guest Author, November 14, 2019
Feedlots in some of the most seriously drought-impacted regions of eastern Australia have started reducing numbers on feed, as surface and underground supplies used for stock water reach a trigger-point…Read More
Jon Condon, November 13, 2019