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National Weekly Commodities

19-Aug-2009
International Skim Milk Powder 2075.0$US/t 75.0%
Cotton 362.0$A/bale -18.0%
Wool - Eastern market indicator 803.0c/kg 29.0%
Eastern Young Cattle Indicator 336.0c/kg dw -9.0%

powered by proFARMER  All livestock prices supplied by MLA and Commodity Prices Supplied by NZX Agrifax Limited & AWEX.

Russian grain output to fall

Wed 20:09 EDT In what is the best fundamental news that the grain complex has seen for a while, Russia's grain crop could fall by up to 9% in 2010 as the late spring leads to lower winter grain yields and a smaller spring grain area, said SovEcon.

Corn futures retreat

Mon 20:04 EDT Corn capitulated badly this week, pressured lower by the weakness in the wheat market and an inability to sustain new highs – futures fell 20US¢/bu for the week.

No joy in USDA report

Thu 20:49 EDT There was little joy in last night's March USDA report with higher stocks the order of the day across coarse grain and cereals.

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