Kelly Grains in Finley, New South Wales | Local service

Kelly Grains

Locality: Finley, New South Wales

Phone: +61 3 5883 3422

Address: 30-32 Berrigan Rd 2713 Finley, NSW, Australia

Website: http://www.kellygrains.com.au

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23.01.2022 HARVEST 2021 GROWER DELIVERY INFORMATION Covid Requirements Please be aware and keep in mind social distancing measures that are required as part of being Covid safe. Please use hand sanitiser provided before entry. When on site growers are only permitted to leave vehicles to have grain sampled and at unloading point. Please remain in the vehicle at all other times unless directed by staff....Continue reading

18.01.2022 Overnight Grain Market Commentary - 25/2 Milling wheat: current crop and next year’s crop DOWN $2-4/mt Feed Grains: current crop and next year’s crop DOWN $2-4/mt Canola: current crop and next year’s crop about UNCHANGED... Grain markets broadly lower overnight as global markets succumbed to a fresh round of jitters over the spreading impact of coronavirus. All three US wheat exchanges closed lower with the firmer US dollar and broader weakness in global financial markets weighing on values from the open. EU wheat shrugged off the large Saudi purchase to close lower in tandem with US markets. Corn saw the least downside but still succumbed to life of contract lows on the broader weakness, recovering slightly into the close. In oilseeds, soybeans, like corn and wheat, closed sharply lower with global demand uncertainty increasing and the large South American crop still weighing on markets. Both ICE canola and Matif Rapeseed finished decently lower. Our currency is trading at 0.6676 this morning, up 16 points from last night. Cash wheat , coarse grain and canola markets should start the day down. Basis will be firmer.

17.01.2022 Weekly Market Commentary - March 18th Domestic markets finished higher this week on the back of COVID-19 virus that plunged our currency to multi-year lows that in turn made our Aussie grain very attractive to international buyers. Wheat markets finished the week stronger most likely on the back of US Dollar rally and very weak Aussie currency that prompted international buying. New crop wheat markets were the followers of current crop and jumped AUD$14/mt week on week. Barle...y finished significantly higher - reporting nearly AUD$35/mt dollar jump over the last week due to weak Aussie currency and higher demand offshore (number of reports pointing to China as potential buyer). The uncertainty surrounding COVID-19 continues with participants choosing cash over other assets. US wheat complex finished the week higher nonetheless, this week has been nothing but a rollercoaster with US announcing number of stimulus packages that pushed US Dollar higher that in turn may have pushed wheat values higher together with bargain buyers that were happy to step in at five month low levels. EU finished the week significantly lower following their equities market, however lately seen some support on the back of much weaker Euro. Corn and beans finished the week lower most likely on the back of South American currencies being at or near record lows against the USD as well as the introduction of their new crop supplies into the market making it more attractive for Chinese buyers. The Mar’20 ASX wheat contract was up A$12.00/mt, and Jan’21 ASX contract traded A$14.00/mt higher. Mar’20 ASX barley finished A$19.00/mt higher. Last week we saw decent rainfall with parts of central and southern NSW receiving between 5-10mm, while northern and southern parts of WA received scattered rainfall ranging from 5-25mm. Next week is expected to be mostly dry over eastern Australia with most of the rain to be expected over WA.

13.01.2022 11-12-19 Domestic markets finished higher on the mix of some export demand and lack of grower selling, despite harvest being three - quarters complete. Wheat markets finished the week firmer as the markets see lack of grower engagement and strong demand from both, trader and consumer creating a strong bid side tone in the markets. East coast markets followed WA and edged higher as there has been some export demand for WA wheat origin. Barley finished the week stronger as it c...ontinues to find solid consumer demand as the spread to wheat continues to be high. Sorghum prices continued higher on the back of another dry week that is close to confirming historical low year for sorghum production in Australia. At this point, we estimate national harvest to be about 75% complete with QLD 100%, NSW 97%, VIC 61%, SA 67% and WA 93% complete. We estimate CBH to have received just under 9.5 million mt to date, while Viterra reports its cumulative harvest to be about 3.2 million mt. GrainCorp has released its most recent harvest update yesterday reporting their VIC harvest to be just under 1.5 million mt, NSW about 500,000 mt and QLD just over 146,000 mt. Wheat complex was mixed to finish the week with Chicago wheat edging higher most likely on the back of USDA trimming production, while Kansas wheat finished lower most likely due to disappointing sale exports that came below the expectations. EU wheat finished lower despite French wheat winning significant business (120,000mt) in the most recent GASC (Egypt) tender. Corn finished the week lower most likely on the back of the USDA’s production revision that saw world corn production 6.5 million mt higher (mostly China). Soybeans edged higher on the back of US/China trade optimism and technical buying. ICE Canola finished firmer most likely due to firmer vegetable oil market. The Jan’20 ASX wheat contract was up A$2/mt, while Jan’21 ASX contract traded A$3/mt higher. Jan’20 ASX barley finished A$7/mt higher. Last week we saw little to no rainfall across most of Australia. BOM is forecasting much drier summer for eastern Australia, with parts of northern QLD are most likely to stay dry.