BULK GRAIN PRICE UPDATE as at 17TH MAY 2019

Post Mother’s Day Surprise As Noted

TODAY’S GENERAL MARKET INDICATIONS

AUD/ USD ▼▼ $0.68.9… the Magic Number 68!!

USA: BEANS ▲▲▲ CORN ▲▲▲ WHEAT ▲▲▲

AUSTRALIA

CEREALS:

BARLEY ▲ : WHEAT ▲ : OATS ▲ : TRITICALE ▲ Corn ▲

PULSES

LUPINS ▲▲▲ : FABA BEANS ▼▼ : PEAS ▲ : CHICKPEAS ▲▲▲

OIL SEEDS

CANOLA ▲▲▲ : SAFFLOWER ▲ : SUNFLOWER ▲

TODAY’S MARKET PRICES 17TH MAY

KEY TO PRICING

Price estimates are based on averages & dependent on X-Farm Location or Delivery Methods, Prices indicated below show the fluctuations ▲▼ ◄► from the previous update. Positive short-term pricing outlook (6-8 Weeks) indicated by ✪ Long-Term (3-6 Months) ✪ ✪ Please note listed prices are based on “Supplier Selling Expectations for Today Only” Unless otherwise stated. Prices shown below, show Buyer bid range on the left and seller offer range on the right i.e Barley (bid range $370-$380/ Offer range $385-$405 Please note the “Bid / Offer Ranges are only derived from current markets and reflect both “Trade Buyers & Domestic Buyers AND Trade Sellers & Growers.

BARLEY F1 – Delivered

VIC: MELB ▲ $360-$365 / ▲ $380-$405
VIC GV ▲ $370-$375 / ▲ $395-$420
VIC WG ▲$380 -$390 / ▲$430-$435

Import Fear
QLD: CQ ◄► $391 – $400 / ◄► $412-$440
DOWNS ◄► $385 / ◄► $400-$440
BRIS FOT ◄► $360-$365 / ◄► $375 – $400

NSW: LLP ▲ $397 – $400 / ▲ $438-$455
RIV ▲ $390-$400 / ▲ $415-$430
Import Fear
NCTL FOT ▲ $365-$370 / ▲$390-$420

SA – ADL FOT: ▲ $337-$340 / ▲ $348-$355
SA STH EAST: DEL: ▲$352-$365 / ▲ $390-$405

WHEAT min SFW Delivered

VIC: MELB ▲ $355-$365 / ▲ $405-$430
VIC GV ▲ $355-$365 / ▲ $415-$438
VIC WG ▲ $382-$385 / ▲ $427-$442

Import Fear
QLD: CQ ◄► NO Bids / ◄► $430-$455
DOWNS ◄► $395-$400 / ◄► $410 -$440
BRIS FOT ◄► NO Bids / ▼ $365-$375

Import Fear
NSW: LLP ◄► $385-$400 / ◄►$435-$460
RIV: ◄► $355 -$365 / ◄► $400-$425
NCTL FOT ▼ NO BIDS / ▲ $370-$380

SA – ADL FOT: ▲ $332-$340 / ▲ $348-$360
SA STH EAST: DEL: ▲ $362-$370 / ▲ $395-$415

CHICKPEAS: DCT 18/19

BRIS-SYD (Desi) ▲ $755 -$765 / ▲▲$800-$890 (Kabuli) ▲▲ $775-$780 / ▲▲ $990-$1050

MELB-ADL (Desi) ▲ $755 -$775 / ▲ $890-$955 (Kabuli) ▲▲ $770-775 / ▲$990-$1050

LENTILS: DCT

VIC / SA▲▲ Nipper $585-$590 / ▲ $595-$620 Nuggets ▲ $575-$580 / ▲ $610-$640

FEED LENTILS XF:

VIC / SA ▲ $450-$455 / ▲ $467-$480

CANOLA ✪ Delivered

VIC Melb: ▲▲ $595-$600 / ▲▲ $657-$670

NSW Syd/Nctl: ▲▲ $650-$655 / ▲▲ $665-$680

SORGHUM

Import Fear
CQ FOT ◄► $325-$335 / ◄► $360-$365
DOWNS DEL ◄► $320-$325 / ◄► $370-$385
BRIS DEL ◄► $330-$340 / ◄► $357-$400
NCTL DEL ◄► $365-$370 / ◄► $397-$420
MELB DEL No Bids / ◄► $465-$470 ✪

OATS M1: ON-FARM

VIC ▲▲ $475-$490 / ▲▲ $495-$510
VIC MELB FOT WA ORIGIN OFFERS ▲ $535-$540

NTH NSW NCTL FOT OFFERS ONLY ▲ $535-$545

NTH NSW PARKES FOT OFFERS ONLY ▲ $550-$565

CORN: /2019

VIC XF ▲ $457-$468 / ▲ $482-$485
RIV XF ▲ $467-$475 / ▲ $482-$488
NSW ◄► NO BIDS / ▲ $538-$555

LUPINS Round:

VIC XF ▲▲▲ $610 -$615 / ▲ $625-$635

WA ORIGIN: Melb FOT ▲ $550-$557
NOT PERMITTED TO BE TRANSPORTED INTO NSW

LUPINS Albus: DCT

VIC DCT ▲▲ $1055-$1065 / ◄► $1200-$1420 ✪

FIELD PEAS NO1s:

VIC DCT ▲ $595 – $600 / ▲ $640-$655

FABA BEANS NO1s DCT

VIC – SA ◄► NO BIDS / ◄► Offers $1000-$1100

COTTONSEED: 2019

MIA RIV ▼ Bids $415-$425 / Offers ▼ $435-$500
NTH NSW ▼ Bids $510-$520 / Offers ◄► $550-$570
QLD Del ◄► $590 / Offers ◄►$610+

For Firm Pricing & Market Guidance Call GrainPro

Mario: 0412 315 54
Nick : 0457 238 932
Josh: 0455 113 910
Cameron: 0488 400 660
Planting Seed & Fertiliser: 1800 816 887
Hay & Mixed Feeds: 1800 816 887 or Mario 0412 315 548

See More Live Grain Prices: [CLICK HERE]

IF BUYING OR SELLING CALL: 1800 816 887