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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 (23 February 2018)

 

  • Wheat continues to trade within ranges although some support continues from US weather leads
  • Last week's USDA World S&D update saw wheat weaken slightly with some support for oilseeds. Report was neutral for corn
  • US weather being watched closely as dryness on the southern plains becoming a concern
  • Dryness in Argentina continues to be watched closely with regards to soybean pricing

 

Domestic Markets

  • Local markets remain quiet as dry conditions continue
  • SFW $335 delivered Downs $315 del NNSW
  • Chickpeas $610 del NNSW, $640 del SQ
  • Sorghum quoted for 2018 crop $270 ex-farm Liverpool Plains $270 NNSW $306 track

 

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


 23 February 2018
Commodity Month Price Change
       
CME Wheat May18 464 +5
CME Wheat Dec18 516 +4
CME Corn May18 375 +1
CME Corn May19 409 +0
Red Spring Wheat May18 616 +4
Kansas Wheat May18 486 +4
Soybeans May18 1043 -2
ICE Canola May18 515 +2
ASX Wheat May18 274.1 +2.6
ASX Wheat Jan19 283.6 +4.1
ASX Barley May18 260 +2.5
ASX Sorghum July18 305 +0
       
AUD Spot 78.42 +0.38
Crude Oil Apr18 62.72 +1.04
ICE Cotton May18 79.47 -0.92
ICE Cotton May19 76.47 +0.09
ICE Cotton May20 72.84 -0.10