USDA takes some comfort out of global grain balance sheet
The United States Department of Agriculture (USDA) released its June Acreage and Quarterly Grain Stocks Report last week, and for…
Northern hemisphere harvest commences amid a cloudy demand outlook…
The northern hemisphere winter crop harvest is underway amid escalating fears that a second wave of COVID-19 infections, particularly in…
Sea freight rates on the rise…
Global sea freight rates are on the rise with the Baltic Dry Index (BDI) posting its largest-ever weekly gain, underpinned…
Drought in North Africa increases the region’s reliance on wheat imports…
Grain production in the North African countries of Morocco, Algeria and Tunisia has been severely impacted by one of the…
Aussie dollar strength a headache for domestic grain exporters…
The biggest mover in domestic grain markets last week was the local currency, briefly trading above the US$0.70 barrier on…
Drought in Thailand is good news for Australian barley growers
Severe drought in Thailand in the first five months of 2020 has adversely affected the production of off-season (dry-season) rice…
Wheat production concerns in Europe spook the market…
The world wheat market is certainly at the whim of the weather right now with futures markets bouncing sharply off…
India’s record wheat harvest winds down amid market turmoil…
This season’s Indian wheat harvest has been severely interrupted by the national COVID-19 lockdown. But as it winds down across…
China set to impose exorbitant tariffs on Australian barley imports.
It appears that eighteen months of uncertainty for Australian barley growers regarding the outcome of China’s anti-dumping and countervailing duties…