Archive for March 8th, 2012

GRAIN farmers around Australia are frustrated with fluctuating grain prices, following a mostly above average harvest season, according to the Grains Research and Development Corporation.

The group has warned farmers considering storing grain to increase their marketing and profit opportunities to monitor it carefully to protect their investment.

Grain Storage expert Peter Botta said monitoring stored grain was an absolute necessity, particularly in the warmer months.

“Some farmers get their grain into the silo and breathe a sigh of relief, but it does ...

ABARES has predicted a challenging period for Australian grain producers in terms of pricing, flagging a 7pc decrease in world wheat prices over the 2012-13 period, in spite of a recent rally in international futures.

Chicago Board of Trade May 12 futures have risen by US30 cents a bushel over the past fortnight to US672c/bu, but ABARES has said high opening stocks and an expected big production year across the globe will see prices drop once again.

The average price of hard ...