selling grain/grain buyers

[woodland]

Wow Mallee there’s sure a difference in transport costs/ distance between here and there for going to port. Currently paying $17/T to move grain about 150km which is usually the minimum for us to reach a crusher or a feedlot.

P.S. Only sold feed barley to one feedlot and sitting on the rest so far. Usually only end up dealing with a couple buyers a year.

Cattle is simple too with one online buyer for heifers, one for steers, and cull cows going to the auction mart and a handful of buyers. The steers last year went to somewhere by Montreal so roughly 3,600 km………….. still blows my mind on the logistics and economics of it.

Great topic👍

[Landdownunder]

The way farmers here go on about how organizations and the gov don’t need to know how much of which grains they have…. I can’t imagine them storing it in communal locations so that it’s all common knowledge 😂

Different mindset i dunno.

Anyone who thinks traders end users etc dont know how much grain is out there well if they had two brains one would be lonely......

Trade estimates are usually within about 5 to15 % correct either way some times spot on.

Sattelites imagery vegetation imagery etc etc.

Only thing that throws them out is frost severe heat stress and of course grade is unknown.

Did notice in my travels many canadian farmer "all traders and grain Cos are bastartds" bit different than here

[Landdownunder]

I believe much more grain is delivered harvest ‘direct ‘ in AU than in Western Canada. Much less % on farm long term storage…. We have winter after harvest (normally) which is cold and lower risk to store grains…. AU is going into summer with hot temps and much higher storage risks…. Very different delivery systems…

The CGC does publish elevator storage levels of grain stocks… % of capacity in elevators…therefore the grain industry can figure out how much grain is still on farm weekly/ monthly….

CWB effects still very obvious…. Delivery over 12 months ….Farmer’s storage was ‘free….’ To the CWB… As was the carry interest cost of storage on farm…

Over 50% of Commisson levies are going in to research…. Matched and leverage government funding… this direct funding like the WGRF was/is direct farmers input into Billions in research.

Cheers

yeah tom4 guess 75/80% direct. Myself a spread depending on grade top grade premium 3 levels elevator export select which our elvator is. If lower grade direct to feed mill or feed lots and or stored.

You guys have the tyranny of distance

[Landdownunder]

Livestock either open market stock sales every week in big smoke or local sales about 8 a year or straigh to processors "over the hook" or on farm price given per head.

Wool "open cry" auction system wool is sampoled tested displayed for buyers a week prior to sakle with test results, a valuation is given but not hard to work out by wool test results valued on previous week. Always set a reserve if doesnt make it offer it up again next market or can sell elcectrnically buyers bid online again reserve unknown to buyers but they know what price it was passed in for at open cry auction.

Farmers need traders traders need farmers.

Wheat peaked out here in june i think ave grade $502 per tonne multi grade foward contract. Spread to next two higher grades at time was plus $15 plus $25.

Grade spread on low side was $15 $40 then about $80 for feed.

Guess what guyys that got hit with weather issues wheat downgraded to feed sold it at $422 so traders then stuck with expensive feed wheat eh. Cuts both ways

[Old Cowzilla]

Usually just 3 or 4 different grain co's sometimes just the smaller local guy. Kinda funny when small guy has the hot price cuz trucks lined up 1/2 way thru town. Only diff is instead of old 3 tons it's supper b's taking 1/2 hr per truck. As for cattle have sold in yard, on sat sale in yard, and in the ring all have pro's and con's.

[Blaithin]

Mallee do you happen to know what the crop year is there? Here it’s generally Aug 1-July 31.

[wmoebis]

Mallee do you happen to know what the crop year is there? Here it’s generally Aug 1-July 31.

Why do we still have crop years anymore?

[Blaithin]

Why do we still have crop years anymore?

I don’t know the point of them 🤷*♀️😂 Just what the grain cos use to track grain. Also still used with the shipping weeks?

Why they need to be different than calendar years, you’d know more than me.

[Landdownunder]

Crop year not exactly sure.

Harvest starts in oct finishes in basically late jan.

Shipping goes from early dec till july export.