Trade4go Summary
Australian grain growers are facing varied market prices based on the type and grade of their crops. The article highlights a decrease in prices for wheat and barley, contrasted with increased prices for canola, pulse crops, and some classes of oats. Demand for lupin, lentil, and oat grades remains strong, with canola prices notably higher than last year. The article emphasizes the importance of a diversified approach in grain sales, advising growers to offer all grades and to maintain competitive pricing to establish true market value and support grain prices.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Most graingrowers across Australia grow more than one type of grain, and often deliver various grades of each grain they grow. Canola, oats, and pulse crops are regularly included in grower rotations to complement wheat and barley programs for example. Additionally, wheat is not wheat and barley is not barley. Growers will typically deliver a range of grades from milling and human consumption quality grain to feed grades. The power in this for growers is that they have a portfolio of grades when looking to sell, and often there is one or more of those grades in demand with buyer appetite and higher prices at any time. Canola prices are up $150 per tonne or more in many areas from the same time last year. A range of pulse crops remain in demand with lupin prices up $40-50/t in parts of the country, while lentils and other pulses have held prices relatively well year-on-year. Oats are another example where prices have held or improved from the same time last year. In contrast, wheat ...