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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.
What does this mean for Australian grains?
Traders in Australia told Grain Central that Canada's growing conditions were already factored into world market prices for crops such as wheat, canola and barley. Nick Crundall speaks with Grain Central. What does this mean for Australian grains?
Harvest pressure, looming tariff fail to shake India’s interest in Australian wheat
India is expected to remain a volume buyer of Australian wheat until August at least, based on its requirement for methyl bromide fumigation at origin, and competitive ASW pricing against Indian new-crop into destinations in the country’s south. Richard Perkins speaks with Grain Central. Harvest pressure, looming tariff READ MORE
Strategies evolve as prices hit six-year lows
Industry-wide efforts to make sales and load ships are facing headwinds from offshore. Buyers are overwhelmed by three consecutive record world wheat crops and prices are at six-year lows. However, in this Grain Central article, Market Check’s General Manager, Tom Basnett, discusses how the outlook for ASW might not be so bearish, and encourages growers […] READ MORE
Grain pool products still distorted
Inflated reporting of estimated pool returns (EPRs) are still dogging the grain industry. Market Check Managing Director and Founder, Brett Stevenson, continues to advocate for transparency in the grain industry in this FarmOnline article, urging growers to look past the headline numbers and choose pools based on their management strategies. Read the full article READ MORE
New opportunity for Australian wheat as India axes import tax
India has dropped its 10% import tax on wheat to zero. Richard Perkins, Market Check’s Head of Advisory, discusses how this welcome move is expected to trigger near-term sales for Australian wheat on this GrainCentral article. Read the full article READ MORE
Australian wheat sector hopes for Indian summer
Expectations that India may potentially have to import as much as four million tonnes of wheat this year comes as welcome relief to Aussie farmers. In this Farm Online article, Richard Perkins, Market Check’s Head of Advisory, analyses this season’s global supply and demand dynamic and what it may mean for Australia. Read the full article READ MORE
Russia Becomes a Grain Superpower as Wheat Exports Explode
Experts expect the 2016 harvest to be the best Russia has seen in 25 years, and forecasts it could grow another 20 percent over the next decade. Tom Basnett, Market Check’s General Manager, comments on how Russia’s grain boom continues to affect world commodity markets on bloomberg.com. Read the full article READ MORE
Could Russia be the new wheat export Czar of 2016?
Market Check founder, Brett Stevenson, speaks on today’s Country Hour. The subject of interest: Could Russia be the biggest exporter of wheat in 2016? Hear Brett offer a comprehensive analysis on the subject and much more at 6:45 minutes in. http://www.abc.net.au/news/2016-02-22/nsw-country-hour-monday-22-february-2016/7189758 READ MORE
Aussie wheat farmers are harvesting the benefits of the big slide in the dollar
A special feature on ABC News covers the effects of the sliding Australian dollar on the Aussie grain industry. In it, Market Check’s Founder, Brett Stevenson, discusses how the weak Australian dollar is cushioning our wheat prices from the effects of the current global supply surplus. What is in store for the Aussie wheat farmer? Listen to […] READ MORE
US Wheat Price Fall Not Being Matched in Australia
Founder, Brett Stevenson, discusses the current wheat price situation with Michael Condon of ABC Rural. The interview touches on a complex multitude of factors that is keeping a premium on Australian prices, including the effect of low US prices and a weak AUD that is cushioning domestic pricing. Brett also discusses the effects of the El Nino […] READ MORE
