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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 (15 Aug 2018)

 

  • Grain markets offshore back from recent highs after latest USDA update did not reduce 1819 world wheat yield estimates as far as the market had factored in
  • Eastern Europe and Russia remain a fiocus at the moment along with Eastern Australia
  • US remains dry in many areas but heat wise has been a mild summer
  • US wheat starting to work into export markets as European and Black Sea values rise

 

Domestic Markets

  • Local  markets remain weather dependent
  • Old crop and new crop values starting to meet up with feed demand very evident
  • New season APW multigrade wheat trading $400-$430 range recently
  • SFW delivered trading $450 delivered SQ with a slight discount to barley
  • Chickpeas stronger with $900-$930 DCT bids seen equating to $800 ex-farm plus for growers
  • All feed grades trading at $400+ ex-farm eastern seaboard

 

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


15 Aug 2018
Commodity Month Price Change
       
CME Wheat Sep18 542 +8
CME Wheat Dec18 561 +8
CME Corn Sep18 362 +6
CME Corn July19 400 +6
Red Spring Wheat Sep18 596 +3
Kansas Wheat Sep18 546 +5
Soybeans Sep18 868 +11
ICE Canola Nov18 508 +3
ASX Wheat Jan19 405 +0
ASX Wheat Jan20 369.2 +0
ASX Barley Jan19 400 +0
ASX Sorghum May19 385 +0
       
AUD Spot 72.41 -0.02
Crude Oil Sep18 66.60 -0.40
ICE Cotton Dec18 83.04 +0.28
ICE Cotton May19 83.42 -0.28
ICE Cotton May20 78.67 -0.11