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PentAG NTP
Brisbane
Bids
Tuesday, March 09, 2010
COMMODITY
DELIVERY
PRICE
SOR
Jan-00
$0
APW1
Jan-10
$205
FB1
Mar-10
$206
Chickpeas
Mar'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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