BULK GRAIN PRICE UPDATE as at 20TH MAY 2019

Counter-Seasonal Market Reversal US Wheat Bottom – Will Australian Follow? US Short Squeeze In Reverse As Markets “Scramble’ To Get Long – Short Lived? US Weather Market..

TODAY’S GENERAL MARKET INDICATIONS

AUD/ USD ▲ $0.69.2… !

US:

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 20TH MAY

KEY TO PRICING

Price estimates are based on averages & dependent on X-Farm Location or Delivery Methods, Prices indicated below show the changes ▲▼ ◄► from the previous update. Please note listed prices are based on “Supplier Selling Expectations for Today Only” Unless otherwise stated. Prices shown below, show Buyer bid ranges on the left and seller offer ranges 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 ▲ $365-$365 / ▲ $385-$405
VIC GV ▲ $372-$375 / ▲ $397-$420
VIC WG ▲$385 -$390 / ▲$432-$440

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

NSW: LLP ▲ $400 – $405 / ▲ $440-$455
RIV ▲ $395-$400 / ▲ $420-$430
Import Fear
NCTL FOT ▲ $375-$380 / ▲$395-$420

SA – ADL FOT: ▲ $340-$342 / ▲ $350-$365
SA STH EAST: DEL: ▲$355-$365 / ▲ $392-$405

WHEAT min SFW Delivered

VIC: MELB ▲ $357-$365 / ▲ $407-$430
VIC GV ▲ $357-$365 / ▲ $420-$438
VIC WG ▲ $385-$390 / ▲ $430-$445

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: ▲ $335-$340 / ▲ $350-$360
SA STH EAST: DEL: ▲ $365-$370 / ▲ $397-$415

CHICKPEAS: DCT 18/19

BRIS-SYD (Desi) ▲ $775 -$780/ ▲▲$870-$900 (Kabuli) ▲▲ $795-$800 / ▲▲ $1050-$1150

MELB-ADL (Desi) ▲ $775 -$780/ ▲▲$870-$900 (Kabuli) ▲▲ $795-$800 / ▲▲ $1050-$1150

LENTILS: DCT

VIC / SA▲▲ Nipper $590-$595 / ▲ $600-$620 Nuggets No Bids/ ◄► $610-$640

FEED LENTILS XF:

VIC / SA ▲ $452-$455 / ▲ $470-$480

CANOLA ✪ Delivered

VIC Melb: ▲▲ $600-$610 / ▲▲ $660-$670

NSW Syd/Nctl: ▲▲ $655-$660 / ▲▲ $685-$690

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 ▲▲ $480-$490 / ▲▲ $500-$510
VIC MELB FOT WA ORIGIN OFFERS ▲ $537-$540

NTH NSW NCTL FOT OFFERS ONLY ▲ $537-$545

NTH NSW PARKES FOT OFFERS ONLY ▲ $555-$565

CORN: /2019

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

LUPINS Round:

VIC XF ▲▲▲ $612 -$615 / ▲ $627-$635

WA ORIGIN: Melb FOT ▲ $552-$557
WARNING: NOT PERMITTED TO BE TRANSPORTED INTO NSW

LUPINS Albus: DCT

VIC DCT ▲▲ $1057-$1065 / ◄► $1200-$1420 ✪

FIELD PEAS NO1s:

VIC DCT ▲ $597 – $600 / ▲ $645-$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

1800 816 887 or visit: www.grainpro.com.au

See More Live Grain Prices: [CLICK HERE]

IF BUYING OR SELLING CALL: 1800 816 887