Frontier Agriculture’s Post

🗳️ Last week we asked you to guess which type of Grain was most commonly exported by Australia so far in 2024.   ✅ The vast majority of you voted for the correct answer - Wheat!   📉 Australia's Wheat exports so far this year are exceeding 13.6m MT, which actually represents a 37.5% year-over-year decrease. Wheat is among the commodities with the highest year-over-year decrease, underscored by its market share dropping to 61.9% so far in 2024, compared to over 67% during the same period of 2023.   ℹ️ Barley is the second most-common Grain cargo shipped out of Australia, with quantities so far in 2024 totalling just under 4.4m MT – a 7.5% year-over-year decrease and the lowest regression of all Grain products exported by Australia. This also gives Barley a 19.8% market share so far this year, compared to 15.4% registered in 2023.   🔎 Canola Seeds are the third most-exported Australian Grain commodity, with about 3.6m MT shipped so far in 2024, representing a 16.6% year-over-year drop and a 2024 market share of 16.2% compared to 13.8% during the same period of 2023.   💡 Our Trade Flows solution allows you to follow all Dry Bulk commodity markets and trade patterns in real time. You can build your own models to analyze vessel and cargo movements and trends relevant to you.   🚸 Follow us for more fun quizzes coming ahead!

If you’re a corn and soybean producer, you want to get the most for your grain. But, what should you be looking at when it comes to storage plans and the grain markets following harvest? Tanner Ehmke with CoBank offers some advice.

Check out the latest news in the grain market in the link in

Millet: As the prospects for the new crop are good the pressure is on for producers and traders to sell their old stocks. Trouble, however, is that demand is lacking. Although prices are expected to decline, the current rates may seem rather surprising. Hulled conventional yellow millet is trading at USD 1,240/mt FOB Dalian and organic millet at USD 1,320/mt FOB Dalian. https://lnkd.in/ggHGDTdC

Corn, soybeans and wheat are all lower in the early morning trade. These are the levels to watch https://lnkd.in/gUu_aQKD #Grains #Wheat #AgricultureFutures #soybeans

Very slow beans and corn farmer selling in Brz. Soybean flat price dropped by 5 BRL/sack in the interior LW. The replacement cost is higher than LY and exporters are still trying to negotiate better conditions and more flexibility for TOP’s for 2025. Talks that Sino was asking for USG beans for Feb this night (no reports so far). Estimates of 35-40 soybean cargoes traded last week on CFR China – 15-16 from the US. Commercial Crushers in China are talking about adjust lower crush rate for Feb-Mar; Dec-Jan shipments. keep reading... https://lnkd.in/dRmGeXfz

The global grain market is currently navigating a series of shifts influenced by record imports, competitive bidding, and logistical constraints. This analysis provides insight into recent developments in the soybean, corn, and wheat markets and their broader implications for supply and pricing. Soybean Market: Record Imports and Price Pressures Import Dynamics and Basis Trends China’s […] https://lnkd.in/e9FiT8CJ

Morning Wrap up: Market Recap by Eduardo Vanin The FX in Brazil fell more than 2.3% last week, marking the first drop in 7 weeks. The market is still waiting for details on where the government expense cuts will come from. Soybean farmer selling in Brazil reached 4.5 million tons last week, the biggest volume this season (50% old crop / 50% new crop). Estimates indicate China purchased 50-55 cargoes last week, concentrated for August, March, and April – some say could be more than 60...Continue reading at https://lnkd.in/dKQChVZV

Last Friday Argie government published the elimination of export quotas for corn and wheat, which was somehow expected and already priced by that time. The WHEAT is still under pressure, with the Brazilians in need of better quality than they could harvest and probably also to re build their stocks after the devastating storm in RGDS. So covering from both Argentina and Russia. Also in line with the recent rally of the RUS market, we saw an increase of ant 20 use/mt FOB Upriver, offered at $280 vs buyers on the $260´s. The CORN seems to be moving at least in Argentina, hearing strong demand for Jun/Jly to Nth Africa (Algeria / Morocco) and to neighbors Perú and Chile.  Brazil cash premiums firming up. The MEALS market is focused on June (although some sellers already finished their program for this month). Both the crush and the traders are covering June shorts with the farmer selling (not very big) of these days. There is still not much liquidity for the market to advance on July (the book in general looks quite open for this position). Premiums are firmer on the spot/June (around +20n) and stable on the JASO (+12/+16smn). Current ARGIE LINE UPS: SBM   2,2 M CORN  1,8 M SBNS  1,1 M SBO   490K BLY    270K WHT   201K SOR   150K

Grain markets are buzzing! Check out the latest news in the link below: