agmark

agmark Agmark Commodities is a trading company of commodities such as grain, pulses and stockfeed products.

We assist growers in finding the best markets for their products and assist buyers of all grains and pulses to find the products they seek.

Strong grain markets start off the new financial year
02/07/2015

Strong grain markets start off the new financial year

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Feed grain prices continue to resist downward pressure.
12/05/2015

Feed grain prices continue to resist downward pressure.

     The International picture has remained very Bearish with Funds retaining huge short positions, large world stocks, very competitive Black Sea region and overall reasonable crop outlook for the major exporters.  This has led to a gradual softening of the Wheat and Corn prices over the last month…

Small bounce for wheat on US crop reports and fund short covering.
07/05/2015

Small bounce for wheat on US crop reports and fund short covering.

   News of worse than expected crop reports on the wheat tours in the US saw a slight recovery in the Wheat price this week after weeks of losses.  There was also the expected short covering from the funds to spur the rally along.   Fundamentally however the story remains very bearish with large glo…

With current currency trends will funds be caught short?
30/04/2015

With current currency trends will funds be caught short?

   This week saw the funds begin to question there huge short position by buying back 5% of it.  If the Greenback softens and there is a rally on Chicago SRW wheat that pushes through 506c point of resistance then the funds will most likely jump in to cover there short and could drive a big short te…

Funds Short Wheat when will they be buyers?
24/04/2015

Funds Short Wheat when will they be buyers?

   No real change this week on the US Wheat markets with The funds still very short and the fundamentals still bearish.  Export figures for wheat started to turn around providing a bit of support and corn has started to trade at reasonable volume.     Chicago SRW Wheat currently resides at $497c/bu…

More Bearish fundamentals combine with fund selling to push wheat lower
17/04/2015

More Bearish fundamentals combine with fund selling to push wheat lower

 The last week has seen more of the same as Rain in the US and forecast rain for China and Russia provided fundamental direction for the wheat contract.  The export pace in the US also continues to reflect how uncompetitive the US is compared to the black sea and put more pressure on the wheat marke…

Volatilty in the US as wether concerns battle high stock levels.
01/04/2015

Volatilty in the US as wether concerns battle high stock levels.

  More volatility in The US Grain market as traders pondered the opposing forces of weather concerns as yet unfounded and the large global stocks and cheaper black sea grain.  The fear manifest itself leading into the USDA report which saw a 25c rally only to watch it evaporate after.  This volatili…

Dollar rebound spells pressure on Commodity prices
26/03/2015

Dollar rebound spells pressure on Commodity prices

  The US Wheat market moved lower this week as the funds shortened up and others took there profits and ran in the face of bearish fundamentals.  Chicago SRW Wheat traded at $319c/bu.  The Volatility is sure to continue at this time of year when any news leads to a market overreaction.  The thing to…

Sorghum remains strong Wheat and Barley volatile
20/03/2015

Sorghum remains strong Wheat and Barley volatile

  The main news this week was the US Dollar loosing major ground then gaining it all back while the AUD followed suit and gained 2 cents then lost it again.  This just added to the volatility in wheat until today when every took a step back to consolidate there thoughts.  The net result was that Chi…

Sorghum Prices rally on weakening Dollar
12/03/2015

Sorghum Prices rally on weakening Dollar

  Commodities continue to suffer against a strengthening US Dollar.  Chicago Wheat rallied slightly to edge over the 500c/bu mark with news of dryness and slow thaw in the US.  The funds also stepped in as buyers helping the market rally 6c/bu.  Corn tried to follow wheat again but only managed to g…

Chicago Wheat down 15c, Basis firms $4 leaving Oz Wheat down $2
05/03/2015

Chicago Wheat down 15c, Basis firms $4 leaving Oz Wheat down $2

  More of the same this week as traders find more bearish news in the market. Namely, wheat with high levels of vomitoxin being delivered against CME and very large Russian wheat crops.  Chicago Wheat now appears range bound either side of the 500c/bu mark, awaiting fundamental news to take it one w…

Wheat prices grind lower amid bearish sentiment, high global stock levels and fierce competition.
26/02/2015

Wheat prices grind lower amid bearish sentiment, high global stock levels and fierce competition.

  US Wheat and Corn prices softened again this week due to the same old bearish sentiment around large global stocks.  Wheat in Chicago broke through the $5 barrier largely due to its inability to compete with the Black Sea region and now resides at $497c/bu.  Corn dragged it's heal behind Wheat and…

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Armidale, NSW
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