TODAY’S GENERAL MARKET INDICATIONS

AUD/ USD ▲ $0.68.9… !

USA: Is The Trend Your Friend? US Gov Bail-Out – Full On Weather Market

BEANS ▲ CORN ▲ WHEAT ▲

AUSTRALIA

CEREALS:

BARLEY ▲
WHEAT ▲

OATS ▲
TRITICALE ▲
CORN ▲

PULSES

LUPINS ▲
FABA BEANS ▼
PEAS ▲
CHICKPEAS ▲

OIL SEEDS

CANOLA ▲
SAFFLOWER ▲
SUNFLOWER ▲

HAY

Cereal ▲
Canola ▲
Vetch ▲
Lucerne ▲
Blends ▲

DETAILED: TODAY’S MARKET PRICES 24TH 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 ▲ $368-$370 / ▲ $387-$405
VIC GV ▲ $376-$380 / ▲ $398-$420
VIC WG ▲$388 -$390 / ▲$435-$445

Import Fear
QLD: CQ ▼ $389 – $400 / ◄► $412-$440
DOWNS ▼ $379 / ◄► $400-$440
BRIS FOT ◄► $360-$365 / ◄► $375 – $400

NSW: LLP ▲ $403 – $405 / ▲ $442-$455
RIV No Bids / ▲ $423-$430

Import Fear
NCTL FOT ◄► $375-$380 / ▲ $402-$420

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

WHEAT min SFW Delivered

VIC: MELB ▲ $378-$385 / ▲ $411-$430
VIC GV ▲ $372-$385 / ▲ $426-$440
VIC WG ▲ $391-$400 / ▲ $432-$455

Import Fear
QLD: CQ ◄► NO Bids / ◄► $430-$455
DOWNS ▲ $406-$410 / ▲ $432 -$450
BRIS FOT ▲ $383 / ▲ $388-$400

Import Fear
NSW: LLP ▲ $388-$400 / ▲ $439-$460
RIV: ▲ $376 -$385 / ◄► $410-$435
NCTL FOT ▲ $392 / ▲ $395-$410

SA – ADL FOT: ▲ $340-$350 / ▲ $362-$370
SA STH EAST: DEL: ▲ $368-$375 / ▲ $400-$425

CHICKPEAS: DCT 18/19

BRIS-SYD (Desi) ▲ $758 -$770/ ▲$875-$900 (Kabuli) ▲ $795-$800 / ▲ $1050-$1150

MELB-ADL (Desi) ▲ $777 -$780/ ▲$875-$900 (Kabuli) ▲ $797-$800 / ▲ $1053-$1150

LENTILS: DCT

VIC / SA▲ Nipper $594-$595 / ▲ $607-$620 Nuggets No Bids/ ◄► $610-$640

FEED LENTILS XF:

VIC / SA ▲ $456-$458 / ▲ $474-$480

CANOLA ✪ Delivered

VIC Melb: ▲ $581-$600 / ▲ $663-$670

NSW Syd/Nctl: ▲ $656-$660 / ▲ $686-$690

SORGHUM

Import Fear
CQ FOT ◄► $325-$335 / ◄► $360-$365
DOWNS DEL ▲ $346-$350 / ◄► $370-$385
BRIS DEL ▲ $366-$370 / ◄► $385-$405
NCTL DEL ▲ $372-$375 / ▲ $402-$420
MELB DEL No Bids / ◄► $465-$470 ✪

OATS M1: ON-FARM

VIC ▲ $483-$490 / ▲ $507-$515
VIC MELB FOT WA ORIGIN OFFERS ▲ $538-$545

NTH NSW NCTL FOT OFFERS ONLY ▲ $542-$550

NTH NSW PARKES FOT OFFERS ONLY ▲ $560-$567

CORN: /2019

VIC XF ▼ $445-$450 / ◄► $482-$485
RIV XF ▼ $445-$455 / ◄► $482-$488
NSW ◄► NO BIDS / ◄► $538-$555

LUPINS Round:

VIC XF ▲ $613 -$615 / ◄► $620 – $647

WA ORIGIN: Melb FOT ▼ $525
WARNING: NOT PERMITTED TO BE TRANSPORTED INTO NSW

LUPINS Albus: DCT

VIC DCT NO Bids / ◄► $1200-$1420 ✪

FIELD PEAS NO1s:

VIC DCT ▼ $575 – $580 / ▼ $630-$645

FABA BEANS NO1s DCT

VIC – SA ▼ $845 / ◄► Offers $1000-$1100

COTTONSEED: 2019

MIA RIV ▲ Bids $455-$465 / Offers ▲ $475-$510
NTH NSW ▲ Bids $517-$520 / Offers ▲ $557-$570
QLD Del ▼ $532 / Offers ▼ $552

For Firm Pricing & Market Guidance Call GrainPro

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

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