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Grain Tonnes forecast Aust

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    Grain Tonnes forecast Aust

    may be optomistic
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    #2
    Given your info on crop conditions, I thought it was high also. I think they have underestimated the frost in western Australia

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      #3
      Who is infilling those tonnes????

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        #4
        Originally posted by bucket View Post
        Who is infilling those tonnes????
        Not presume whos making up the lost tonnes no one if you mean importing.

        Australia has tight biosecurity to import grain if you applied now might happen by april may.

        Were kinda lucky locally another feed mill has gone up and another mega poultry farm. Both require around 30000 tonne of wheat and 15000 of barley.

        Our location is hot and dry summers normally wide open spaces little diseases hence piggeries puoltry feedlots starting up.

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          #5
          Wheat in the news...

          http://www.blackseagrain.net/novosti/asian-mills-look-to-secure-long-term-wheat-supply http://www.blackseagrain.net/novosti/asian-mills-look-to-secure-long-term-wheat-supply

          Some Asian flour mills are looking to lock in wheat supplies until well into the middle of 2019, potentially shaking off a years-long trend for hand-to-mouth buying as global output is set to drop for the first time in six years.

          World wheat supplies are forecast to tighten in the second quarter of 2019 as shipments from top exporter Russia slow following rapid sales earlier in the season, while cargoes from No.5 supplier Australia are expected to dwindle after scorching weather hit crops there.

          That would leave the United States and Canada as key wheat exporters in the April-June period, likely pushing up benchmark prices for the grain.

          “Mills want to make some forward purchases as U.S. and Canadian wheat next year will come at a price,” said a Singapore-based trader at an international grain trading company.

          “We are expecting a supply squeeze to come after March.”

          Wheat millers from Indonesia, the world’s second-largest importer, and Thailand have been in the market this week looking for shipments arriving in April and beyond, said the source and another trader in Singapore.

          “We have had enquires and expect some deals to be signed in the coming weeks,” said the second trader.

          Both traders declined to be identified as they were not authorized to speak with media.

          https://www.cnbc.com/2018/10/26/reuters-america-grains-wheat-jumps-as-egypt-eyes-u-s-supplies-funds-cover-shorts.html https://www.cnbc.com/2018/10/26/reuters-america-grains-wheat-jumps-as-egypt-eyes-u-s-supplies-funds-cover-shorts.html

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            #6
            ABARE australian bureau ag and resource economics similar to your stats can.

            Anyway today or tommorow wheat is expected to be downgraded by them, from 19.1 million tonne to 16.6 million tonne but as you know there always about a month behind general consensus in 15 million tonne

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              #7
              Forgot to add argie got frosted over weekend not sure how bad rumour or fact anyone heard anything?

              Klause?

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