This blog piece examines the variability of wheat prices in Western Australia (WA) in recent years and touches on the main drivers of this variability.
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When things are travelling along smoothly, we often don’t take the time to consider changed circumstances looming ahead, that might take us on a bumpy ride. It is important to stay abreast of evolving market drivers by analysing possible scenarios and responses, if we don’t want to be caught off guard…
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This week it’s time for a guest post from the Colere Group…
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We know Australian grain exports help overseas households to have reliable access to safe, high-quality food, however, what about Australian households?
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It should come as little surprise to hear that Indonesia is Australia’s most important wheat export market. Accounting for nearly one-quarter of all wheat exports, there is clear daylight between Indonesia and our other wheat export markets. Less well-known is the fact that our neighbours to the north are poised to play an even bigger role in our wheat export program.
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Read More“Urbanization brings major changes in demand for agricultural products both from increases in urban populations and from changes in their diets and demands.”
AEGIC’s Chief Economist, Professor Ross Kingwell, shows why one opportunity facing Australian growers stands head and shoulders above others.
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AEGIC, the Australian Oilseed Federation, CSIRO and the Australian Government have collaborated to secure the lucrative EU canola market. The low emissions from Australian production of canola are an important marketing advantage that helps provide a price premium from which Australian exporters and producers of canola benefit.
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Flexibility is a critical factor for overcoming disparities of size or brute strength between you and your competition. In fact, just recognising this disparity is half the battle, with many a graveyard full of those who failed to recognise that perhaps it wasn’t a good idea after all to challenge anyone nicknamed “Brutus” to an MMA-style prison yard cage fight.
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Climate on the global scale, drivers of climate variability in world grain production centres.
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Almost 30 years ago, the Bureau of Meteorology presented its projections of future climate for the south-west of Western Australia. Observations of climate since then have confirmed the accuracy of their projection...
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Guest Blog: Dr David Stephens, Managing Director, Agrometeorology Australia, www.agromet.com.au, david.stephens@agromet.com.au
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Projected economic development in the region will see a continuing rise in incomes, higher populations and more people moving to urban areas. Less well known is that consumer buying habits in the region are likely to change, with a gradual shift from staples like cereals to protein based diets.
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Peter "Sub-Zero" Elliott, the grain industry's resident ninja...
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Wheat is an ancient grain. We’ve found many uses for it. We use it for foods like bread, noodles, pasta, cakes and biscuits. We need to retain some of it as seed. It’s used as an animal feed and we use it in industrial processes such as manufacturing ethanol. With so many different potential uses the strategic question facing wheat industries around the globe becomes: what sorts of wheat are best to grow?
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Battlefields for Australian wheat and the wisdom of chocoholics
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While the drive towards efficient export supply chains is ongoing, the potential rate of improvement in Australian efficiency should really be considered relative to those supply chains in other origins of grain exports.
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