Misc Archives | Page 7 of 7 | Grain Brokers Australia
Weekly Report Aug 31
Posted by GBA Administrator | Misc, Weekly Strategy Market Update | No CommentsWeekly Report 7th Sept
USDA Report
Posted by GBA Administrator | Grain Brokers Australia News, Misc, USDA WASDE Report | No Comments| USDA Report
15th September 2015 |
WHEAT
The USDA report released on Friday 11th September (US time) had some bearish news for wheat with both global ending stocks and global wheat production up by 5 million metric tonnes (mt). Canada, Argentina and India all had decreased wheat supplies however this was not enough to counter supply increases from Europe, Russia and the Black Sea.
Global wheat consumption was the shining light, up by 1.6 million mt due in part to increased feed use from Russia, the EU and the Philippines.
BARLEY/CORN
A bullish outlook for corn unfolded on the back of a global production cut of 7 million mt and ending stocks down 5.4 million mt.
US Corn yields down by 20% compared to last year.
Chinese corn production down by 3 million mt to 229 million mt.
CANOLA/BEANS
Global bean stocks were down by around 2 million mt from last month’s report, the estimate now stands at 527 million mt.
Canadian canola producers are battling cold and wet start to their harvest, the weather interrupted start has the potential to effect production and/or quality in the area.
MONDAY 14th September;
CBOT Wheat Dec 15 – 485c/bu (+7)
CBOT Corn Dec 15 – 387c/bu (+12.8)
CBOT Beans Nov 15 – 872.4c/bu (+.2)
ICE Canola Nov 15 – $469.8 Canadian (+2.9)
Australian dollar against US Dollar- $0.7101
MEDIA RELEASE
20 July 2015
GBA expands with new Albany office
Leading independent grains brokering business Grain Brokers Australia (GBA) has expanded its business with the opening of its first regional office in Albany.
The new office, which opened this week, will expand GBA’s on-ground presence, and provide grain growers greater access to grain selling opportunities throughout the Albany, Esperance and Bunbury port zones, and into domestic markets.
The office will be operated by experienced GBA grain brokers Chad Jefferis and Mike Saunders, who will both be based in Albany.
GBA provides grain growers with a full brokering and advisory service, to assist them in maximising returns from their grain sales. This includes price discovery, grain brokering and sales, domestic grain marketing, contract execution and harvest administration.
According to GBA General Manager, Jeff Winspear, the opening of the new office is a significant milestone for the business, and for grain growers in the region.
“Our business has grown considerably during recent years, and we are now very pleased to be opening our first regional office in Albany. We have a growing team who will now be more accessible to farmers across the southern areas of the state.”
“We are already working with a large group of farmers in this area. Now with the increasing grain production, an expanding number of marketing options and some exciting pricing opportunities at the moment, we are receiving more interest in our broking and advisory services.”
“We think having a local presence will enhance our service and reach, and help our clients capitalise on these marketing opportunities.”
“We would encourage growers who are in Albany to feel free to drop in the office and say g’day or introduce themselves to Chad and Mike, and discuss their grain marketing options.”
Chad Jefferis
Chad joined Grain Brokers in May 2015 with a wealth of experience in the agricultural industry. Chad was born and raised in the Great Southern, from the Dumbleyung Wagin area, where he lived and worked on the family farm. Chad has spent the past three years working with Emerald Grain as a grain merchant looking after growers in the Albany and Esperance zones, where he has developed a passion and extensive knowledge of the grain sector.
Mike Saunders
Mike joined the Grain Brokers Australia team in early 2014. After completing an Agricultural Management degree at University in 2001, Mike returned to the family farm in Zimbabwe, where he ran the business for five years producing wheat, barley and corn. He and his family migrated to WA in 2006. For the past nine years Mike has been working as a key account manager, servicing clients throughout the great southern and central wheat belt. Mike has always had a passion for the grain marketing industry and has actively been following the grain market since his arrival in WA.
Albany office details:
12 Peels Place, Albany WA 6330
Phone 08 93672866
Chad 0448 440 177
Mike 0455 111 779
GBA brokers Chad Jefferis (left) and Mike Saunders in front of the new Albany office in Peels Place.
