Market opinion Aust

[Landdownunder]

Probably swazhili to guys but us queens English

https://bit.ly/220503WheatBarleyOutlookVideo

[Landdownunder]

https://bit.ly/220503WheatBarleyOutlookVideo

[Landdownunder]

The odds of Australia having another huge crop almost three in a row unheard off but the ducks are lining up.

My patch for sure we had a crap year last year but Australia wide huge don’t suffer from backyarditus.

Not sure if Austcanada is amongst it but his state of WA they 15 or so guys I know arectravelling very nicely.

[Landdownunder]

https://www.cloudbreak.com.au/wp-content/uploads/2022/05/220506-Canola-Outlook.pdf

[Landdownunder]

Bit of rain about in most states.

To much for some just right for others tad more needed for some.

Think Austcananada will fill us in but think fair whack of WA is is ok to good category.

No idea we’re there gonna store this harvest huge carry over of low protien wheat.

[Landdownunder]

My fowards sales thus far tiny bit of wheat barley canola under 10% of expected production.

Selling in rising market better than falling.

Sit wait stalk incremental sale was the plan with targets.

Think might revise targets.

My aim is top 15% of prices. But current market one wonders were top is and when it will come.

All eyes on India Pakistan it seems. Dry in USA and parts of EU taken a back seat. And ukraine

[agstar77]

New crop over 15 C$. Things are getting interesting.

[Landdownunder]

New crop over 15 C$. Things are getting interesting.

Thanks Agstar77 was actually wondering if anyone reads it.

[Guest]

Bit of rain about in most states.

To much for some just right for others tad more needed for some.

Think Austcananada will fill us in but think fair whack of WA is is ok to good category.

No idea we’re there gonna store this harvest huge carry over of low protien wheat.

We're in excellent shape especially after today and more showers coming nice and gentle and widespread. The carryover will disappear I reckon although there still likely will be supply chain delays. Ships busy outloading from Albany lately. Going to Esperance port soon to check it out. Bunbury in early June. Low protein not an issue with current global situation. Funny how grain test ers are recalibrated in step with supply/demand

[TOM4CWB]

Thanks Agstar77 was actually wondering if anyone reads it.

Very detailed newsletter! Thanks Mallee!

Got our peas in last week, should finish wheat this week. Moisture ok but only .33" in the last month... been cool 10-15c in the day and often just freezing at night. Crop protection weed killers short in supply. Crazy Ivan is stealing; JD equipment... Veg oils... wheat... in Ukraine... **** and pillage 'special operation' threatening global thermal nuclear war... $15 wheat and $26 Canola off the combine prices... Biblical apocalyptical times... Biden and Trudeau are a few bricks short of a full load... infant food and Diesel shortage in US/Argentina...???

Flood or catastrophic drought threats in North America will keep things volatile this summer!!!!

Many Blessings!