Imports into Australia

[malleefarmer]

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.

My guess would be feed or low quality milling wheat.

No shortage of top grade wheat in oz despite Lower tonnes

[SASKFARMER]

It's probably the $4.50 program for feed wheat that seems to have specs for a lower quality milling wheat.

Ah, the shit show continues. They double the price on the coast.

[farming101]

Canadian wheat to Australia is all #2 so far.
Likely next to none by container.

https://www.grainscanada.gc.ca/en/ https://www.grainscanada.gc.ca/en/
https://www150.statcan.gc.ca/n1/en/catalogue/65F0013X https://www150.statcan.gc.ca/n1/en/catalogue/65F0013X

[agstar77]

The latest trick premium for contract above street.

[Oliver88]

My guess would be feed or low quality milling wheat.

No shortage of top grade wheat in oz despite Lower tonnes

Are Falling Number specs applied to all wheat deliveries in Australia?

[farmaholic]

Are Falling Number specs applied to all wheat deliveries in Australia?

Me thinks specs would depend on end-use.

[GDR]

About 9 Canadian. We get 7.

Sorry to nit pick here but works out to $7.84/bu. Remember currency exchange. So say we get $1 less for the same wheat I think that's pretty good. Think about elevation locally, freight to Coast, elevation there, then ocean freight, then elevation in Australia, all for $1. Last time I hired a trucker it cost me about 25 cents for an hours drive. I send lots of grain by truck through the mountains to central BC, freight is $45/t or just over a dollar. Half way around the world for $1 is amazing.

[farmaholic]

GDR, did you convert AUD to CAD or AUD to USD to CAD.

Which is the right way and does it end up being the same anyway?

[GDR]

GDR, did you convert AUD to CAD or AUD to USD to CAD.

Which is the right way and does it end up being the same anyway?

For the calculation it should be the same either way but in actual practice everytime you change money you lose a couple percent in service fees. I don't know what the grain companies would do with international trade, likely different on every deal.

My calculation is just simple $1AUD equals $.90CAD. Before fees.

Wonder for example if Viterra in Canada actually sells to Viterra in Australia or of it just remains common inventory until its sold to end user?

[poorboy]

Up your targets

Been hearing $8 targets picked up in Southern Alberta for 1-14.5. Don’t be giving it away. Posted price is low because legally they can’t turn your low falling number stuff away.

So if you give them all your samples and you are a regular customer, they seem to pony up for high protein wheat that they know has good falling numbers. Relationships and reputation are very important this year.