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PentAG NTP Brisbane Bids
Tuesday, March 09, 2010
COMMODITYDELIVERYPRICE
SORJan-00$0
APW1Jan-10$205
FB1Mar-10$206
ChickpeasMar'10$455
BULLISH FACTORS
Heavy wheat bookings on export stem - if executed will reduce volumes available for domestic supply.
Large fund players have begun exiting record wheat spec short position.
Producer selling remains limited at current prices - but some grain is starting to "dribble" out.
Chickpeas - renewed demand from Pakistan and Bangladesh (as well as India)
BEARISH FACTORS
Global stocks of grain remain very "sloppy" - meaning there will be no urgency for consumers to chase any market rallies.
More rain = more pasture = potentially less demand for feedgrains.
Immediate supplies of sorghum + old crop wheat are sufficient to more than satisfy short term S Qld demand.
Brisbane Zone feed-grain markets will be capped by execution costs from Southern origins (and Central Qld).
Central QLD
Southern QLD/Northen NSW
North West NSW
South Australia

Other Links

Futures

 
Chicago Board of Trade
 www.cmegroup.com/
Australian Stock Exchange
 www.asx.com.au
Australian Stock Exchange - Grain Futures
 www.asx.com.au/products/futures/grain/index.htm
Aussie Dollar
 www.forexdirectory.net/aud.html
Winnipeg Commodity Exchange Inc.
 www.theice.com

Research

 

QLD Dept of Primary Industry
 www.dpi.qld.gov.au
NSW Agriculture
 www.dpi.nsw.gov.au
Bureau of Agricultural & Resource Economics
 www.abareconomics.com
US Dept of Agriculture
 www.usda.gov
Grains Research & Development Corporation
 www.grdc.com.au

Weather

 
Bureau of Meteorology
 www.bom.gov.au
Fleet Numerical Meteorology & Oceanography
 www.fnmoc.navy.mil/PUBLIC/
Weather Zone
  www.weatherzone.com.au/
10-Day Precipitation Outlook for Australia
 www.wxmaps.org/pix/prec7.html
GFS Forecast of Vertical Velocity and Precipitation
 www.wxmaps.org/pix/aus.vv.html
Wetterkarte
 www.wetterzentrale.de/pics/ausavnpanel4.html

Industry Related

 
Queensland Agricultural Merchant Incorporated
 www.qam.org.au
The Australian Agricultural Directory
 www.aglinks.com.au
National Grower's Registry
 www.ngr.com.au
Climate Management for Rural Australia
 www.longpaddock.qld.gov.au
National Farmers Federation
 www.nff.org.au
CapGrains Co-operative
 www.capgrains.com.au

Export

 
Australian Quarantine & Inspection Service (AQIS)
 www.aqis.gov.au
Brisbane Export Corporation Pty Ltd
 www.brisbaneexport.com.au
OBM International Trade Services
 www.obmpl.com.au/index.html

Seed Companies

 
Pacific Seeds
 www.pacificseeds.com.au
Pioneer
 www.pioneer.com
Hylan Seed Company
 www.hylan.com.au

Newspapers

 
The Courier Mail
 www.thecouriermail.news.com.au
The Sydney Morning Herald
 www.smh.com.au
The Age
 www.theage.com.au
The Australian
 www.theaustralian.news.com.au
Australian Newspaper Online
 www.nla.gov.au/npapers

Other

 
National Rugby League
 www.nrl.com.au
Australian Rubgy Union
 www.rugby.com.au
Australian Football League
 www.afl.com.au
Brisbane Broncos
 www.broncos.com.au
North Queensland Cowboys
 www.cowboys.com.au
Queensland Reds
 www.qru.com.au
Brisbane Lions
 www.lions.com.au

 

Weather Links

Wednesday 10 March 2010 11:30 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

 

 

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