As an independent grower membership organisation, Market Check offers advocacy and industry representation for our clients. The team regularly presents at industry events and offers commentary within the media on relevant topics that affect the grains industry and its growers. Market Check puts grower interests first when offering commentary and distributing content throughout the grains industry, and wider agricultural sector.
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Records Are Made to be Broken (Apr-21)
The export task underway around Australia is unlike anything we’ve seen in the past. Every cog in the export wheel is under strain, with ports pushing out as much as possible, while available trucks and trains are a scarce commodity. Despite the challenges, the job is getting done, especially when export margins are at or […] READ MORE
Strong Start for Barley Prices in 2021 (Jan-21)
Barley Battled in 2020 The Australian barley market took shot after shot last year, starting with China’s announcement they would implement a prohibitive tariff on the feed grain following an anti-dumping investigation against Australia. This was compounded by the fantastic turnaround in production last year, with Australia growing approx. 13 Mt, while the AUD has […] READ MORE
Falling Forward Through Droughts with Walgett Farmer Angus Remond
Angus Remond, a farmer in Northern NSW talks about his experiences farming during the past 2 years of drought at Walgett and the turnaround they have witnessed this season. Angus is a 3rd generation farmer and has been back on his farm “Morendah” which is 90klms North-West of Walgett managing 5,400 Hectares of wheat, barley and […] READ MORE
Saudi books 725,000t barley for Oct, 1H Nov arrival
Market Check head of strategy Nick Crundall said the tender results were encouraging for both global and Australian barley prices, with booked values up more than US$11/t since the last tender to follow some of the rise in pricing seen recently in wheat. (Grain Central) Read more here READ MORE
Australian March wheat exports at 1.02Mt up 28pc from February
“A similar theme played out as previous months, with China doing the heavy lifting,” Market Check head of strategy Nick Crundall said. Read more here.
Supply concerns mount as pandemic roars (Apr-20)
Unprecedented reporting of stocks reveals tight domestic situation: The global macro markets are truly facing the first Black Swan event we’ve seen in over a decade, with agricultural markets not immune to the volatility. READ MORE
China’s Wheat Demand To Surge in 2020
China Wheat Policies In 2001, China implemented a policy to allow the importation of a set volume of wheat each year as part of its accession into the WTO. These Tariff Rate Quotas, or TRQs, have reached an annual volume of 9.6mmt in a bid to open China up to the wold wheat market. In […] READ MORE
Australia’s December wheat exports jump 68pc to 925,290t
“Wheat exports were strong in December relative to our overall exportable surplus, continuing the trend of our export pace running at an unsustainably fast rate,” Market Check head of strategy Nick Crundall said. “Indonesia came in as the main buyer with its biggest monthly total since December 2018. Read more here. READ MORE
Australia exports 559,106 tonnes of wheat in Nov
November wheat-export data illustrated that our exports weren’t flying out the door, but considering November exports were predominately backed by old-crop volumes, it’s understandable that overall figures were fairly low, explains Nick Crundall, Head of Strategy at Market Check in this article published by Grain Central..Read More. READ MORE
Where has the demand gone?
The elasticity of our inelastic demand Tough Season 2019 offered up one of the most challenging production environments we’ve seen in a long time. However, the grain markets were equally as tough, with high market volatility throughout the season. This caused some financial heartache amongst the export/trading community, meaning 2019 will be a year to […] READ MORE