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Sawtell

PO Box 140
Sawtell, NSW, 2452
02 6658 7456

 

 

Grain Traders Australia, Member number 0017facebooktwitterlinked in
Commodity: Storage: Location: Tonnage:
   

Welcome to Pinnacle Commodities Pty Ltd


"Commodity Marketing Solutions"

Pinnacle Commodities facilitates the trading of grain, pulses, oilseeds and cotton to traders, millers, end users, merchants and exporters.

We strive to find and negotiate the best deals for our clients through our extensive contacts and industry experience.
 

Today’s Market Update (1 Nov 2018)

 

  • World wheat markets back from recent highs with lower prices seeing US wheat working into some destinations such as Egypt where they have not seen business for some time
  • Trade tensions and assoicated tariff actions between US and China acting as a ceiling to corn and soybean markets
  • US summer crop harvest now complete with harvest selling pulling corn back from highs
  • Contuinuing hot weather through the European summer sees world barley S&D's tighten

 

Domestic Markets

  • Harvest underway with most results in the north inevitabely going to disappoint
  • Most harvested wheat is expected to hit the market quickly to capitalise on the $400+ ex-farm prices
  • Chickpeas seen in the $780-$790 delivered up country range recently
  • 2018-2019 sorghum seeing bids around the $350 ex-farm level on the Liverpool Plains

 

Mission Statement


 "Designed to focus specifically on the needs of Australian growers, in all facets of commodity marketing, and the strategic advancement of our clients in the agricultural sector."

Links


CME Group
ASX Grain Futures
Live AUD/USD
Graincorp
The Bureau of Meteorology
Grain Trade Australia
Creative Australian Professional Photographers

google link


Daily Futures Prices Table


1 Nov 2018
Commodity Month Price Change
       
CME Wheat Dec18 500 +0
CME Wheat Dec19 561 -3
CME Corn Dec18 363 -1
CME Corn July19 398 -1
Red Spring Wheat Dec18 569 -2
Kansas Wheat Dec18 493 -1
Soybeans Nov18 839 +5
ICE Canola Nov18 475 -6
ASX Wheat Jan19 437 +2
ASX Wheat Jan20 347.5 +2
ASX Barley Jan19 405.5 +0
ASX Sorghum May19 362.5 +0
       
AUD Spot 71.80 -0.18
Crude Oil Dec18 65.31 -0.87
ICE Cotton Dec18 79.86 -0.04
ICE Cotton May19 79.49 -0.02
ICE Cotton May20 77.94 +0.09