Australian (ASX) Stock Market Forum

Agricultural commodities

If farmers plant more acres of soya beans in 2014 average soybean prices for the 2014 marketing year would drop back to the $11 to $11.50 per bushel range. Grain and soybean futures fell Friday after better weather forecasts and concerns that China's demand for U.S. soybeans may ease. In the mean time U.S. cattle futures had a good day on Friday.

http://www.businessweek.com/ap/2014-04-11/grain-lower-livestock-higher

Grain lower, livestock higher

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http://www.agriculture.com/markets/analysi...ahead_9-ar42638

Favorable Summer, Record Crops Ahead

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There is currently a worldwide shortage of peaches with the trend expected to continue.

This does not surprise me when I think about the stone fruit planting trends within the Perth Hills of the last 10-15 years.

It has been towards nectarines, plums/pluots, avocados & fuyus as producers seek to diversify and look for higher grossing 'niche crops'.
 
Among commodities soft commodities such as Coco and Tea and live stocks will have strong support due to tight supply in some varieties. Coco, Tea and meat producers will benefit lot. Sugar too will have some support if we see some shortage towards end of this year.

http://www.bloomberg.com/news/2014-...rabobank-as-low-prices-reduce-production.html

Sugar Market Is Seen by Rabobank Shifting to Shortages

My ideas are not a recommendation to either buy or sell any security, commodity or currency. Please note that I do not endorse or take responsibility for material in the above hyper-linked sites. Please do your own research.
 
I have some EPTCRN which has fairly plummeted in value since I bought but hey looking around, do you think we might have hit bottom of the agricultural commodities?? People gotta eat and looking at 5 year curves of commodities, looks like prices of rice, corn, soy and rice are at record lows.

Im sniffing around QAG as well to sit and hold on too for a while.

Any thoughts?
 

Thanks MW that is interesting!

For anyone interested we have our own Australian Grain Futures and Options on the ASX

Agricultural derivatives

Grain


Eastern Australian Wheat
WA Wheat
Eastern Australia Feed Barley
Australian Sorghum
Eastern Australia Canola
 
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