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Imports into Australia

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    #1

    Imports into Australia

    Reports coming though today Canadian wheat getting landed here by end users $320

    And Argie low quality wheat for $300

    Gonna put a ceiling on the upside but it’s free market free trade in progress
    Tags: None
    #2
    About 9 Canadian. We get 7.

    Comment

      #3
      Originally posted by agstar77 View Post
      About 9 Canadian. We get 7.
      Not close to seven here agstar.

      Comment

        #4
        Originally posted by farmaholic View Post
        Not close to seven here agstar.
        Assuming aus is importing top quality product. They've been hitting targets @ $7-7.25 for a #1 14.5 around here the last month or so... really not sure how much there is to scare out though.

        Comment

          #5
          Originally posted by farmaholic View Post
          Not close to seven here agstar.
          $7 ?????
          We have beautiful #1 hrsw with 13-14 pro
          Can barely get $6 locally.
          Wheat market is a complete embarrassment.
          The vast majority of hrsw is downgraded in all of western Canada . Yet high quality is treated not much better than pig feed .

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            #6
            We missed a special here the other day #2 , 14.5 px woulda got us $6.67

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              #7
              Mallee you should be importing yourself from Canada, or even broker the deals ( less cash outlay and no risk to you). Viterra or Glencore shouldn’t get all the profits. You have the connections at both ends.

              Comment

                #8
                Originally posted by furrowtickler View Post
                $7 ?????
                We have beautiful #1 hrsw with 13-14 pro
                Can barely get $6 locally.
                Wheat market is a complete embarrassment.
                The vast majority of hrsw is downgraded in all of western Canada . Yet high quality is treated not much better than pig feed .
                Heres the retarded part... posted price on #1 13.5 is $6.20.

                If you phone in though, they'll tell ya to target 7 for #1 14 and it'll go.

                Comment

                  #9
                  Originally posted by helmsdale View Post
                  Heres the retarded part... posted price on #1 13.5 is $6.20.

                  If you phone in though, they'll tell ya to target 7 for #1 14 and it'll go.
                  So they force you to sign a "pre-buy/purchase contract" before you get a final purchase agreement contract?

                  Just can't go straight to the "purchase agreement contract" without passing go. Like a board game...

                  Ah yes...the tree of low hanging fruit.... The target price agreement tree of LIMBO.

                  Comment

                    #10
                    Some end users must be paying $400 even 420 plus way of the world I guess

                    Tried to find freight seems $35 to 5 depending on vessel but may be coming in containers

                    Also it’s just rumour but imports happened last year don’t see why not again
                    Last edited by malleefarmer; Dec 1, 2019, 01:51.

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