Our Expertise

When you join our team, you’re in safe and experienced hands. With over 100 years combined marketing and merchandising experience in the agriculture sector, the Grain Brokers Australia team provide a professional and dedicated brokering service to grain growers, offering alternative avenues to market grain through outside of the traditional channels.

Join us and gain the confidence to know when to pull the trigger and ensure grain marketing sucess.

We are supported by high levels of international and domestic market analysis and we know the local markets because our team are locals, throughout WA, NSW and VIC wheat belt regions. Our national coverage gives us insights that is hard to compete with.

 

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Our Mission

Our Mission is to provide farmers with a reliable service that ensures they are given all the tools, information and support necessary to make sound grain marketing decisions.

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The Market Today

Market at a Glance

As at 5th Mar 2018
CBOT Wheat (MAY 18) 507.00
CBOT Wheat (JUL 18) 521.25
Kansas Wheat (Spot) 541.50
MGE Wheat (Spot) 629.00
CBOT Corn (Spot) 347.00
MATIF Rapseed  €351.75
ICE Canola (Spot) CAD $526.00
CBOT Soybean (Spot) 1074.75
AUD/USD (Spot) 0.7783
AUD/CAD (Spot) 1.0071
OIL USD/ba (WTI)

 

 2017/18  APW1
GERALDTON 287
KWINANA 290
ALBANY 286
ESPERANCE 279

 

Weekly Wrap

WHEAT CONTINUES TO STRENGTHEN

Wheat has had a strong week with gains mostly coming from dry conditions continuing in the US Southern Plains. The rally has been one we have been patiently waiting for and expecting, especially with speculative funds trading so short for so long.

Graph: CBOT WHEAT ZWK18 AS AT MAR 5TH           

 

Bullish Factors

  • BULLS: Russia is exporting at a strong pace as weather remains favourable around Black Sea ports. Global demand is still very strong and just one serious weather or production hiccup should see prices rally in Chicago out of current record lows.

Bearish Factors

  • BEARS: USDA has increased global wheat stocks by 3 million tonnes to 268.42 million tonnes on the back of increased Canadian production. Australian wheat crop estimates were left unchanged at 21.5mmt.
"Agriculture is our wisest pursuit because it will in the end contribute most to real wealth, good morals & happiness." Letter from Thomas Jefferson to George Washington. 1787
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