top logo

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 (June 2018)

 

  • Grain prices continue to trade ranges based around weather themes which is typical for this time of year
  • Weather remains a key driver for most world crops at this stage of the year with particular interest in Russia, Ukraine, spring wheat in the US, and Australia
  • USDA update later this month will be crucial for prices moving forward

 

Domestic Markets

  • Local markets retain bid tone as many areas await planting rain
  • Old crop wheat virtually flat pricing now at $390-$400track in the north
  • New season APW multigrade wheat trading in the $350-$360 port range location dependent
  • SFW $400 delivered Downs, $375 18/19 crop
  • Chickpeas seeing some demand agaain - $640-$650 delivered
  • Barley $400 track NNSW
  • Sorghum back from highs as some grower selling hits markets

 

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


June 2018
Commodity Month Price Change
       
CME Wheat July18 526 +4
CME Wheat Dec18 563 +4
CME Corn July18 394 +0
CME Corn July19 432 +1
Red Spring Wheat July18 612 +0
Kansas Wheat July18 542 +2
Soybeans July18 1018 -4
ICE Canola July18 534 -2
ASX Wheat July18 328 +0
ASX Wheat Jan19 327 +0
ASX Barley Jan19 283.5 +0
ASX Sorghum July18 363 +0
       
AUD Spot 75.67 +0.05
Crude Oil Jul18 67.23 +0.19
ICE Cotton July18 93.15 +0.66
ICE Cotton May19 90.48 +0.45
ICE Cotton May20 79.73 -0.03