Current Commodity Prices

(Sourced from GrainMarket)

PORT GRADE PREV PRICE PRICE CHANGE
FX Spot USD Cur 0.7019 - -
FX Spot CAD Cur 0.9254 - -
Ger 15 B Ger BFED1 FIS 243 - -
Kwi 15 B Kwi BFED1 FIS 250 - -
Alb 15 B Alb BFOD1 FIS 266 - -
Esp 15 B Esp BAUD1 FIS 280 - -
Kwi 15 B Kwi BAUD1 FIS 297 - -
Esp 15 C Esp CAN1 FIS 555 - -
Kwi 15 C Kwi CAN1 FIS 555 - -
Ger 15 C Ger CAN1 FIS 555 - -
Kwi 15 C Kwi CAG1 FIS 493 - -
Alb 15 C Alb CAG1 FIS 493 - -
Esp 15 C Esp CAG1 FIS 493 - -
Kwi 15 W Kwi Bs Dec 15 A$/t 30 - -
Kwi 15 L Kwi LUP1 FIS 340 - -
Currency, futures and derivative prices are previous session close.

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GIWA Sept Crop Report

4th Sep 2015

The Grain Industry Association of WA (GIWA) have updated production estimates.


WA total grain production is pegged at 15.1mmt, a 6% increase from the August estimate.


The previous years production figures were: 14.51mmt in 2014; 16.98mmt in 2013.


Forecasts by commodity for 2015 are (last year in brackets):



  • Wheat 9.1mmt (8.7mmt)

  • Barley 3.3mmt (3.5mmt)

  • Canola 1.6mmt (1.5mmt)

  • Oats 0.68mmt (0.51mmt)

  • Lupins 0.513mmt (0.35mmt)

El Nino Forecast Strengthens

2nd Sep 2015


  • The Bureau of Meteorology (BOM) updated their El Nino forecast.

  • The 2015 El Nino is now the strongest El Nino since 1997–98.

  • Typically, El Nino peaks during late spring or early summer, and weakens during late summer to autumn.

  • The 2015 event has, so far, been following a normal El Nino life cycle.

  • El Nino is usually associated with below-average winter–spring rainfall over eastern Australia (not WA).

2016/17 Malting Barley Variety Recommendations

18th Aug 2015


  • GIWA have released their malting barley variety recommendations for 2016/17.

  • 2016/17 will likely be the last harvest that Buloke, Gairdner and Vlamingh will have a segregation.

  • Baudin production may be too low to support segregation opportunities.

  • Hindmarsh will begin to be phased out in 2016, with only limited segregations after the 16/17 harvest.

  • Bass, La Trobe and Scope are expected to be the main malting barley varieties in WA.

APW2 Phased Out

13th Aug 2015

CBH today clarified that APW2 segregations will be available this harvest (15/16), along with APW1 (10.5% protein).


However, APW2 (10.0% protein) will not be segregated next harvest (16/17).


From next year (16/17), APW loads that are below 10.5% will be graded as ASW1.


CBH report that APW1, APW2 and ASW will all be fully Optimisable (QO) in 2015.

WA Crop Estimate - GIWA

12th Aug 2015

The Grain Industry Association of WA (GIWA) released production estimates today for the 15/16 season.


Recent rainfall has improved crop conditions in WA, setting the state up for an above average harvest result.


Total WA grain production is pegged at 14.3mmt (14.5mmt in 2014). The forecasts by commodity (last year in brackets) are:



  • Wheat 8.8mmt (8.7)

  • Barley 2.9mmt (3.5)

  • Canola 1.4mmt (1.5)

  • Oats 0.58mmt (0.51)

  • Lupins 0.48mmt (0.35)

  • Peas 0.036mmt (0.033)


Remember that GIWA reports total production (retained seed/feed, deliveries to CBH/Bunge and end users).