Australia: Growers have super power when looking to sell with a portfolio of grades

Most graingrowers across Australia grow more than one type of grain, and often deliver various grades of each grain they grow. Canola, oats, and pulse crops are regularly included in grower rotations to complement wheat and barley programs for example. Additionally, wheat is not wheat and barley is not barley. Growers will typically deliver a range of grades from milling and human consumption quality grain to feed grades. The power in this for growers is that they have a portfolio of grades when looking to sell, and often there is one or more of those grades in demand with buyer appetite and higher prices at any time. Canola prices are up $150 per tonne or more in many areas from the same time last year. A range of pulse crops remain in demand with lupin prices up $40-50/t in parts of the country, while lentils and other pulses have held prices relatively well year-on-year. Oats are another example where prices have held or improved from the same time last year. In contrast, wheat ...