Search
PentAG NTP Brisbane Bids
Friday, July 03, 2009
COMMODITYDELIVERYPRICE
SOR39995$182
APW139995$250
FB139995210 ^
Chickpeas39965$440
BULLISH FACTORS
Ethanol crush margins now at healthiest levels in over a year - oil prices remaining firm.
Quality concerns in US SRW (low falling numbers) and HRW (low protein) wheat areas.
CBOT wheat and corn futures now at levels that could generate "technical" support from fund community.
Some potential areas of production concern - Argentina, Canada and India require watching.
BEARISH FACTORS
Unexpected bearish numbers in US stocks and planted acreage report "finds" additional 13MMT corn supplies.
Improved weather conditions in Canada and Indian cropping areas
Russian milling wheat offered as low as US$175/MT FOB, Russian feed wheat rumoured @ US$150/MT
Global wheat balance sheet remains loose - a major production issue and/or coarse grain substitution required to alter situation.
Central QLD
Southern QLD/Northen NSW
North West NSW
South Australia

 

 

 

 

From Your Farm To The World

 

PENTAG COMMODITIES is regionally focused, yet globally aware. An experienced board and strong management team ensure your product stays in safe hands.

PentAG has a solid balance sheet, inventory financing through Rabo Australia, and meets Wheat Export Australia's stringent requirements as a licenced bulk wheat exporter.

 

 

 

 

Weather Links

Saturday 4 July 2009 07:30 UTC
Below are some weather links frequently used by PentAG, you may also find these links useful:

Aussie Weather News

 10-Day Precipitation Outlook for Australia

Bureau of Meteorology

Wetterkarte

Global Forecasts

US Drought Monitor

 

 

Contact Details

1B Kitchener St, PO Box 79
Toowoomba QLD 4350
P 07 4639 5555
F 07 4639 5055

 

 

Home | PentAG Profiles | Markets/Business | Quality Standards | Freight Differentials | Industry Docs | PentAG Docs | Other Links
Login | Website Design by Downs Media Services