Australia Agribusiness Monthly May 2018

This monthly update provides a market outlook for grains & oilseeds, dairy and other key commodities, and gives an overview of what developments to watch in the weeks to come. Highlights Grains & Oilseeds – Depleted stocks and local dry conditions take domestic prices to multi-year highs, while the outlook hangs on May rain. Dairy – Most Australian...

This monthly update provides a market outlook for grains & oilseeds, dairy and other key commodities, and gives an overview of what developments to watch in the weeks to come.

picture of Australian wheat

Highlights

Grains & Oilseeds – Depleted stocks and local dry conditions take domestic prices to multi-year highs, while the outlook hangs on May rain.

Dairy – Most Australian dairy farms will be looking for some much-needed rainfall in the coming weeks.

Beef – Despite ongoing dry conditions, prices are expected to stabilise, after falling to more favourable levels for processors and feedlots.

Source: research.rabobank.com