We Warned You Before Christmas 2018 Its NOW Real: On December 10th 2018 Grainpro published a warning about Imported grain.. show your disapproval this weekend.
Could We See A Repeat Of 2007/8?
The PR Machine Against Grain Prices Has Been Set In Motion
Interesting developments last week as mainstream media started publishing articles re; high grain prices, in particular “Wheat” . My guess and my fear for farmers with any grain to sell is that this is yet another PR campaign by the Australian Government bending the knee to big business.
They did it to the “Pilots” and Teachers and of course Nurses … Yes the Divide and Conquer or rather driving a wedge between City v Country.. No I’m not talking about a footy game; I’m talking about a PR campaign to raise awareness / anxiety of City families as to rising food costs. I’m guessing we will read about this more and more in the coming months with the result being the importing for GRAIN & AG-PRODUCTS…. DON’T LET THIS HAPPEN.. write to your local member, because it is a disastrous result for Australian farmers .. we have more than enough Grain & Feed to support local Australian consumption.. check for yourself. If our import restrictions are lifted or relaxed prices could fall dramatically and in turn gives a competitive advantage to big business “ONLY” not to mention the potential weed issues and other contamination risks.
PR Monster In Action
Keep a close eye on Major Newspapers, TV and Radio and watch this PR Monster In Action… These PR campaigns cost Millions and operate independently once initiated, until.. yes you guessed it The Government Of The Day Comes To The Rescue. I’d rather see the money spent on supporting farmers and or supporting low income families with food vouchers or alike.
Farmers Contribution to Our Economy
Farmers and associated industries contribute over 1/5th to the Australian economy. If our farmers are not supported adequately in times of drought or natural disaster, it will hurt in more ways than one. No crop for farmers means, less employment, less money spent on fertilisers and alike, agronomy etc, livestock, equipment, fuel, less borrowing, LESS SAVINGS and retail generally… Ouch!! .. give it some thought….
Below is a list of price fluctuation estimates, the one anomaly I see is “Pulses” in particular “Chickpeas & Lentils” these two commodities are outliers in as far as there does not seem to be any increased demand from export markets.. it confuses me, because we have seen a $200-$300 increase in Chickies and $150 increase in Lentils.. with no markets?… this can only mean that buyers are speculating.. always cause for concern.. a falsehood of many a liquidated commodities merchant!!
As for other markets, high protein wheat seems to be in good demand and is reflective of strong prices. Barley seems to be in abundance in WA and parts of Western VIC albeit barley exports are yet to gain and momentum .. saving grace could be the Saudi’s as they don’t seem to mind paying for it.. and they are fond of our barley. [And] still no news as to China’s Anti-Dumping and if they are going to impose tariffs.
As always, please, please, please! keep as informed as you can; spend some time researching, ask questions [AND] Always make decisions based on your own personal and business circumstances.
Dr Mario Bonfante – GrainPro
For a confidential chat on grain pricing & developments feel free to call Mario 0412 315 548
Until Next Time….