GIWA WA Crop Update

13th Oct 2017

GIWA updated their estimates for the WA crop today.

Total production of all grains was increased to 11.53mt (vs. 10.26mmt last month).

Port zone estimates for production (not deliveries) are:

• Kwi 4.95mmt


• Alb 2.95mmt


• Esp 2.43mmt


• Ger 1.20mmt

Estimates by commodity are:

• Wheat 6.31mmt


• Barley 3.04mmt


• Canola 1.26mmt


• Oats 0.48mmt


• Lupins 0.38mmt


• Peas 0.045mmt

Riverina and Agrex Merger

12th Oct 2017

• Agrex has reverted to their previous trading name Riverina.


• The official business name is Riverina (Australia) Pty Ltd.


• The head office will be in Brisbane and the Perth office will remain operative.


• The merge transaction is expected to be completed in late October.


• Riverina expect to release bids to the market in late October.

Spartacus Update

5th Oct 2017

• CBH will be offering limited segregations for Spartacus barley in Kwinana zone only for this harvest.


• Sites include MGC, Cunderdin, Yealering and Merredin.


• The segregations will have MALT1 receival standards.


• Spartacus is still undergoing malt accreditation with Barley Australia with a final decision expected in March 2018.


• These limited segregations will help with market development and commercial trials.

CBH Rebates

3rd Oct 2017

• Individual rebate balance summaries are now available on Loadnet.


• Under the Financial tab, you have the option to choose the fees that you wish to have your total rebate value offset against: (a) Receival Fees (b) Freight Fees (c) Storage Fees (d) Warehouse Outturn Fees.


• You can choose multiple fees, but you cannot choose an order of preference.


• All rebate offsets will default to the receival fees.

ABARES Report

12th Sep 2017

• ABARES have revised their Australian crop estimates.


• Production expected to be significantly lower in 2017, following a drop in average yields from the record 2016 season.


• Total winter crop production is expected to decrease by 39% to 36.3mmt, this is 2% above the 10 year average.


• Wheat: 21.6mmt (down 38%) and compares to USDA 23.5mmt.


• The wheat crop, if realised, would be the smallest in a decade.


• Wheat by state (mmt): WA 7.08, NSW 6.34, SA 3.77, Vic 3.55, Qld 0.9.


• Barley: 8mmt (down 40%)


• Canola: 2.8mmt (down 33%)


• Oat: 1mmt (down 45%)


• Chickpea: 1.2mmt (down 36%)