Growth Grain Services
@GrowthGrain
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Grain Consulting / Brokering. Ex Wheat Trader at one of the major trade houses 2013-2021, now looking to impart my intel back to the farm.
Joined September 2021
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24/25 ADE APW1 Chart + 24/25 APW1 vs AUD SRW Basis Chart. Any guess on when the market started pricing lower production? 😅
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24/25 Adelaide Canola Chart + AUD Matif/ICE chart. Its clearly evident now that there are front end shipping shorts for canola in SA for shipments to Europe. Given the futures curve and the massive inverse, how long till the canola market cracks? Its coming just a matter of when!
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See link below for calculation of what your oil premium (or more likley this year loss) will be. Just input the relevant numbers. In some cases will be better to leave even non gm canola on farm with oil deductions over $40/mt
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As harvest begins, if you are not already on my grain pricing list sign up @ Each weekday I send a mid morning message regarding markets and overnight futures and in the afternoon I send a pricing message where the markets are at. Its free to receive!
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Apoligies for no pricing messages as of yet today. An outage on TeamViewer is preventing me from doing so atm
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@Reece_Mason1 Because they were ridiculously high and above market freight rates to start with. Coonalpyn is still out of sync with the sites further away
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SA 24/25 APW1 should hit $350/mt port levels today
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@farley_mick So don’t expect to see hugely elevated pricing as Australia as a whole is still producing a good crop. Just SA is no good and parts of VIC. Still plenty to be exported
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And the Viterra monthly storage charges up 4.9% - 7.1%
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Have a client chasing a bulka bag of sunflower seed. Can anybody point me in the direction to find some I have never dealt with them before
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