Using accurate data to minimise your risk in the grain market
Who we are
Using accurate research and market analysis, we take the complexity and noise out of the grain market. We tailor our grain marketing advice to your personal requirements, setting reasonable personal targets to increase profitability but also reduce risk. Opinions are great, but we use the data!
Who you are
We adapt our grain marketing services to meet your needs within the grain industry. Whether you are a corporate business looking to improve business strategies, a farmer who grows grain or dairy farmer looking to lower your outgoing costs, we have a solution for you. Through market analysis we aim to reduce cost, reduce risk and thus improve your margins.
Minimise your risk whilst maximising your return
Lachstock was founded in 2007 a result of the deregulation of the grain market. The grain market experienced changes to procurement, distribution, product release and an increase in grain price volatility. With more participants and products hitting the market the buying and selling of grain became a complex process.
Lachstock uses analytical research rather than a salesperson with a silver tongue. Taking the complexity and noise out of the market whilst tailoring our advice to your personal requirements. We analyse the prior data and set reasonable personal targets to increase profitability but also reduce risk.
Lachstock Consulting holds an AFSL #320 562 to provide advice to wholesale clients on derivatives and foreign exchange.
Lachstock provides services to both corporate clients and farmers. Tailoring our solutions to your needs.
Example Canola Supply & Demand Report
7th November 2019
Recent rain over VIC and NSW has helped boost later canola crops in VIC. It is too late for NSW with crops largely having already been cut for hay, silage or windrowed for harvest. The rain in VIC over the weekend and other smaller events over the past month have helped push many of the VIC crops above average. The improvement in the Western District will offset those crops lost during the winter as a result of too much moisture.
We increased VIC by 61kmt and reduced NSW by 21kmt with more crops being cut than initially thought. There is also a lot of concern around where yields come off. NSW harvest will pick up rapidly in the next two weeks and will be all said and done quickly. The changes in production led to an increase in VIC to NSW movements. VIC also has 50kmt of new crop exports included (on top of the inelastic container exports and old-crop Oct’19 exports we saw). Expectations are the 50kmt of exports will be GM to China, which is potentially already done business.
SA & WA we have not made any changes at this point.
WA remains an area of concern, there have been some smaller rain events go through and on-ground reports are that canola has held up better than expected. However it has been a very poor season and modelling is quite varied in its outputs. We will look for harvest pace over the next two weeks (WA Canola harvest pace is 160kmt done = 18%).
As a comparison, GIWA’s Oct canola number came in at…..
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