{"id":1013,"date":"2018-07-08T16:01:00","date_gmt":"2018-07-08T16:01:00","guid":{"rendered":"http:\/\/propertyandlivestock.com.au\/?p=1013"},"modified":"2020-05-12T08:07:17","modified_gmt":"2020-05-12T08:07:17","slug":"australian-agricultural-commodities-outlook-2018-snapshot","status":"publish","type":"post","link":"https:\/\/propertyandlivestock.com.au\/en_au\/australian-agricultural-commodities-outlook-2018-snapshot\/","title":{"rendered":"Australian Agricultural Commodities Outlook 2018 Snapshot."},"content":{"rendered":"\n

Australian Agricultural Commodities Outlook 2018 Snapshot. (Source: Rabobank Agribusiness Outlook 2018)<\/strong><\/p>\n\n\n\n

Wheat\u00a0<\/strong>– prices\u00a0will\u00a0continue\u00a0to\u00a0be\u00a0weighed\u00a0down\u00a0in\u00a02018,\u00a0following\u00a0another\u00a0record\u00a0year\u00a0of\u00a0global\u00a0wheat\u00a0production\u00a0in\u00a02017, and with\u00a0forecast\u00a0global\u00a02017\/18\u00a0ending\u00a0stocks\u00a0set\u00a0to\u00a0reach\u00a0a\u00a0new\u00a0record\u00a0of\u00a0273\u00a0million\u00a0tonnes.\u00a0Prospects\u00a0for\u00a0market\u00a0strengthening have\u00a0however\u00a0emerged,\u00a0with\u00a0Rabobank\u00a0forecasting\u00a0a\u00a0limited\u00a0price\u00a0appreciation\u00a0in\u00a0the\u00a0global\u00a0benchmark\u00a0over\u00a0the\u00a0coming\u00a0year.<\/p>\n\n\n\n

Barley <\/strong>\u2013 forecasts for the lowest global ending stocks in more than 30 years and ongoing strength in Australian livestock markets are set to keep barley prices elevated.<\/p>\n\n\n\n

Dairy<\/strong> <\/strong>\u2013 the road to recovery resumes, the Rabobank report says, with trading conditions for dairy farmers to be broadly attractive, and processor ownership issues resolving. Growth in the global exportable dairy surpluses will however continue to expand in the first quarter of the year, putting ongoing pressure on global prices. However, the bank isn\u2019t expecting these surpluses to overwhelm the global market. China\u2019s import appetite for dairy is also forecast to remain buoyant during the year.<\/p>\n\n\n\n

Beef<\/strong> <\/strong>\u2013 growing global beef (as well as poultry and pork) production, together with increased cattle inventory in Australia, will exert downward pressure on Australian cattle prices through 2018.<\/p>\n\n\n\n

Sheepmeat \u2013 <\/strong>Strong export markets and limited growth in global lamb production are expected to continue to drive good prices for the lamb industry in 2018.<\/p>\n\n\n\n

Wool \u2013 <\/strong>Tight market conditions should continue through the first half of 2018 and help to support high prices.<\/p>\n\n\n\n

Wine \u2013 <\/strong>The wine industry is riding a wave of positive forces. It is likely to enjoy its best year in a long time in 2018.<\/p>\n\n\n\n

Grain & Oilseeds \u2013 <\/strong>Forecast for the lowest global ending stocks in over 30 years and ongoing strength in Australian livestock markets are set to keep barley prices elevated in 2018.<\/p>\n\n\n\n

Cotton \u2013 <\/strong>Downside risks are developing for prices in the second half of 2018.<\/p>\n\n\n\n

Sugar \u2013 <\/strong>Rabobank expect the global sugar market to return to surplus in the 2017\/18 season.<\/p>\n\n\n\n

Horticulture \u2013<\/strong> Australia\u2019s horticulture industry continues to make hard-won gains in offshore markets, enabling it to capitalise on growing demand for high-quality fresh produce offshore.<\/p>\n\n\n\n

Fertilizer \u2013 <\/strong>Oversupplied markets will continue to hold down prices across the nutrient complex through 2018.<\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

Australian Agricultural Commodities Outlook 2018 Snapshot. (Source: Rabobank Agribusiness Outlook 2018) Wheat\u00a0– prices\u00a0will\u00a0continue\u00a0to\u00a0be\u00a0weighed\u00a0down\u00a0in\u00a02018,\u00a0following\u00a0another\u00a0record\u00a0year\u00a0of\u00a0global\u00a0wheat\u00a0production\u00a0in\u00a02017, and with\u00a0forecast\u00a0global\u00a02017\/18\u00a0ending\u00a0stocks\u00a0set\u00a0to\u00a0reach\u00a0a\u00a0new\u00a0record\u00a0of\u00a0273\u00a0million\u00a0tonnes.\u00a0Prospects\u00a0for\u00a0market\u00a0strengthening have\u00a0however\u00a0emerged,\u00a0with\u00a0Rabobank\u00a0forecasting\u00a0a\u00a0limited\u00a0price\u00a0appreciation\u00a0in\u00a0the\u00a0global\u00a0benchmark\u00a0over\u00a0the\u00a0coming\u00a0year. Barley \u2013 forecasts for the lowest global ending stocks in more than 30 years and ongoing strength in Australian livestock markets are set to keep barley prices elevated. Dairy \u2013 the road to recovery resumes, the Rabobank report says, with trading conditions for dairy farmers to be broadly attractive, and processor ownership issues resolving. Growth in the global exportable dairy surpluses will however continue to expand in the first quarter of the year, putting ongoing pressure on global prices. However, the bank isn\u2019t expecting these surpluses to overwhelm the global market. China\u2019s import appetite for dairy is also forecast to remain buoyant during the year. Beef \u2013 growing global beef (as well as poultry and pork) production, together with increased cattle inventory in Australia, will exert downward pressure on Australian cattle prices through 2018. Sheepmeat \u2013 Strong export markets and limited growth in global lamb production are expected to continue to drive good prices for the lamb industry in…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","two_page_speed":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1013","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nAustralian Agricultural Commodities Outlook 2018 Snapshot. - David Carter Property and Livestock<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertyandlivestock.com.au\/en_au\/australian-agricultural-commodities-outlook-2018-snapshot\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australian Agricultural Commodities Outlook 2018 Snapshot. - David Carter Property and Livestock\" \/>\n<meta property=\"og:description\" content=\"Australian Agricultural Commodities Outlook 2018 Snapshot. (Source: Rabobank Agribusiness Outlook 2018) Wheat\u00a0– prices\u00a0will\u00a0continue\u00a0to\u00a0be\u00a0weighed\u00a0down\u00a0in\u00a02018,\u00a0following\u00a0another\u00a0record\u00a0year\u00a0of\u00a0global\u00a0wheat\u00a0production\u00a0in\u00a02017, and with\u00a0forecast\u00a0global\u00a02017\/18\u00a0ending\u00a0stocks\u00a0set\u00a0to\u00a0reach\u00a0a\u00a0new\u00a0record\u00a0of\u00a0273\u00a0million\u00a0tonnes.\u00a0Prospects\u00a0for\u00a0market\u00a0strengthening have\u00a0however\u00a0emerged,\u00a0with\u00a0Rabobank\u00a0forecasting\u00a0a\u00a0limited\u00a0price\u00a0appreciation\u00a0in\u00a0the\u00a0global\u00a0benchmark\u00a0over\u00a0the\u00a0coming\u00a0year. Barley \u2013 forecasts for the lowest global ending stocks in more than 30 years and ongoing strength in Australian livestock markets are set to keep barley prices elevated. Dairy \u2013 the road to recovery resumes, the Rabobank report says, with trading conditions for dairy farmers to be broadly attractive, and processor ownership issues resolving. Growth in the global exportable dairy surpluses will however continue to expand in the first quarter of the year, putting ongoing pressure on global prices. However, the bank isn\u2019t expecting these surpluses to overwhelm the global market. China\u2019s import appetite for dairy is also forecast to remain buoyant during the year. Beef \u2013 growing global beef (as well as poultry and pork) production, together with increased cattle inventory in Australia, will exert downward pressure on Australian cattle prices through 2018. 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Dairy \u2013 the road to recovery resumes, the Rabobank report says, with trading conditions for dairy farmers to be broadly attractive, and processor ownership issues resolving. Growth in the global exportable dairy surpluses will however continue to expand in the first quarter of the year, putting ongoing pressure on global prices. However, the bank isn\u2019t expecting these surpluses to overwhelm the global market. China\u2019s import appetite for dairy is also forecast to remain buoyant during the year. Beef \u2013 growing global beef (as well as poultry and pork) production, together with increased cattle inventory in Australia, will exert downward pressure on Australian cattle prices through 2018. 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The financial institution\u2019s inaugural Australian Land Price Outlook, titled\u00a0No Summit in Sight \u2014 Ag Land Prices to Climb Higher,\u00a0was released at the end of August. The report\u2019s\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"David Carter Property and Livestock","src":"https:\/\/i0.wp.com\/propertyandlivestock.com.au\/wp-content\/uploads\/2020\/05\/1c54c4ff7e41f479cee7ba96e4c91bda.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/propertyandlivestock.com.au\/wp-content\/uploads\/2020\/05\/1c54c4ff7e41f479cee7ba96e4c91bda.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/propertyandlivestock.com.au\/wp-content\/uploads\/2020\/05\/1c54c4ff7e41f479cee7ba96e4c91bda.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":903,"url":"https:\/\/propertyandlivestock.com.au\/en_au\/farmland-demand-up-despite-drought-pressure-on-ag-investment-earnings\/","url_meta":{"origin":1013,"position":1},"title":"Farmland Demand Up Despite Drought Pressure On Ag Investment Earnings","author":"David Carter Property and Livestock","date":"October 21, 2018","format":false,"excerpt":"Bullish farmland demand continues to defy the drought\u2019s impact on primary producer incomes, with the value in owning permanent horticulture farms really starting\u00a0to shine as the big dry threatens to get drier this summer. Permanent cropping income returns assessed by the Australian Farmland Index\u2019s monitor of leading farm investor earnings\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":876,"url":"https:\/\/propertyandlivestock.com.au\/en_au\/annual-world-indicator-prices-of-selected-agricultural-commodities-sept-2018\/","url_meta":{"origin":1013,"position":2},"title":"Annual World Indicator Prices Of Selected Agricultural Commodities Sept 2018","author":"David Carter Property and Livestock","date":"November 30, 2018","format":false,"excerpt":"Annual world indicator prices of selected commodities","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1002,"url":"https:\/\/propertyandlivestock.com.au\/en_au\/snapshot-of-the-australian-economy-july-2018\/","url_meta":{"origin":1013,"position":3},"title":"Snapshot of the Australian Economy \u2013 July 2018","author":"David Carter Property and Livestock","date":"July 17, 2018","format":false,"excerpt":"The current Australian Economy","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":929,"url":"https:\/\/propertyandlivestock.com.au\/en_au\/positive-outlook-for-australian-rural-property-market\/","url_meta":{"origin":1013,"position":4},"title":"Positive Outlook for Australian Rural Property Market","author":"David Carter Property and Livestock","date":"September 3, 2018","format":false,"excerpt":"The rural market has had a strong 2018 period, built off the tail winds of continued downward pressure on the softening Australian dollar from the January high combined with a dominant agricultural industry within Australia that has strengthened further in the 2017\/18 period.\u00a0However with all that is going on there\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":943,"url":"https:\/\/propertyandlivestock.com.au\/en_au\/property-no-ceiling-in-sight-for-climbing-ag-land-prices\/","url_meta":{"origin":1013,"position":5},"title":"Property: No Ceiling in Sight for Climbing Ag Land Prices","author":"David Carter Property and Livestock","date":"August 24, 2018","format":false,"excerpt":"Agricultural land prices in Australia are set to continue to climb over the next two years with no peak in sight, according to a new report issued by Rabobank. This is driven in the most part, the report says, by projected continuing high demand for ag properties, which in most\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/propertyandlivestock.com.au\/en_au\/wp-json\/wp\/v2\/posts\/1013"}],"collection":[{"href":"https:\/\/propertyandlivestock.com.au\/en_au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propertyandlivestock.com.au\/en_au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propertyandlivestock.com.au\/en_au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/propertyandlivestock.com.au\/en_au\/wp-json\/wp\/v2\/comments?post=1013"}],"version-history":[{"count":0,"href":"https:\/\/propertyandlivestock.com.au\/en_au\/wp-json\/wp\/v2\/posts\/1013\/revisions"}],"wp:attachment":[{"href":"https:\/\/propertyandlivestock.com.au\/en_au\/wp-json\/wp\/v2\/media?parent=1013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propertyandlivestock.com.au\/en_au\/wp-json\/wp\/v2\/categories?post=1013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propertyandlivestock.com.au\/en_au\/wp-json\/wp\/v2\/tags?post=1013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}