My view australia as a whole below average for wheat barley canola. Edit lentil crops are very very good i think i dont grow them, so i stand corrected
If average is 50% of course maybe 42 to 45%
Edit again Malt barley might be a sleeper has dropped in price yep, but not alot around test weight and protein. Years gone by australia and canada were big kahunas in the malt game now china buy any barley as long as protein is right to make barley. But oddly australian malsters have become super specific in there needs.
You may see headlines australian crops 35% below last year etc etc dont be fooled last year was biggest ever.
Wheat Barley prices ok canola not and lentils dont grow them but have come off $150 a tonne in a month or so.
My ranch touch wood dead on average but aint really going properly canola running at 25 bushels mayb even 30 which is actually above average.
yesterdays list
2324 ADE /PTL
APW1MG +3 386 / -3 386
APW1 +1 386 / -3 386
Basis (+7.1c) 112.09c / (+0.1c) 112.09c
H1 = 406 / -3 426
H2 = 391 / -3 396
AUH2 = 380 / -3 379
ASW1 = 367 / -3 366
AGP1 +2 357 / -5 350.75
SFW1 +3 345 / -3 316
FED1 = 310 / -3 286
BAR1 ISCC = 330 / -1 330.75
BAR1MG = 330 / -1 328.75
BAR1 = 330 / -1 328.75
AL1 +3 343 / -
CM1 +1 343 / -
COMD1 +1 335 / -1 328.75
MAXI1 = 350 / -3 344.75
PL1 -5 345 / -9 350.75
SP1 = 350 / -3 344.75
CAN -9 641 / -2 644
CAN GM -11 621 / -
- - - - - - - - - - - - - -
2425 ADE /PTL
APW1MG - / = 395.25
Basis- /36.12c
CAN - / -5 675
If average is 50% of course maybe 42 to 45%
Edit again Malt barley might be a sleeper has dropped in price yep, but not alot around test weight and protein. Years gone by australia and canada were big kahunas in the malt game now china buy any barley as long as protein is right to make barley. But oddly australian malsters have become super specific in there needs.
You may see headlines australian crops 35% below last year etc etc dont be fooled last year was biggest ever.
Wheat Barley prices ok canola not and lentils dont grow them but have come off $150 a tonne in a month or so.
My ranch touch wood dead on average but aint really going properly canola running at 25 bushels mayb even 30 which is actually above average.
yesterdays list
2324 ADE /PTL
APW1MG +3 386 / -3 386
APW1 +1 386 / -3 386
Basis (+7.1c) 112.09c / (+0.1c) 112.09c
H1 = 406 / -3 426
H2 = 391 / -3 396
AUH2 = 380 / -3 379
ASW1 = 367 / -3 366
AGP1 +2 357 / -5 350.75
SFW1 +3 345 / -3 316
FED1 = 310 / -3 286
BAR1 ISCC = 330 / -1 330.75
BAR1MG = 330 / -1 328.75
BAR1 = 330 / -1 328.75
AL1 +3 343 / -
CM1 +1 343 / -
COMD1 +1 335 / -1 328.75
MAXI1 = 350 / -3 344.75
PL1 -5 345 / -9 350.75
SP1 = 350 / -3 344.75
CAN -9 641 / -2 644
CAN GM -11 621 / -
- - - - - - - - - - - - - -
2425 ADE /PTL
APW1MG - / = 395.25
Basis- /36.12c
CAN - / -5 675
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