ISSUE #770, 9 th February 2018 Pig Prices c/kg HSCW, Trim 1 Head on (average indicative prices). W/E 09/02/2018 Buyers Data

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1 ISSUE #770, 9 th February 2018 Pig Prices c/kg HSCW, Trim 1 Head on (average indicative prices). W/E 09/02/2018 Buyers Data 45kg 60kg (Buyers) Male Female Barrows Male Female Barrows QLD NSW VIC SA WA EASTERN SEABOARD* NATIONAL kg 75kg (Buyers) Male Female Barrows Male Female Barrows QLD NSW VIC SA WA EASTERN SEABOARD* NATIONAL kg 85kg (Buyers) Male Female BEST Barrows PRICE SPOT Male Female Barrows QLD NSW VIC SA WA EASTERN SEABOARD* NATIONAL kg and above (Buyers) Male Female Barrows Male Female Barrows QLD NSW VIC SA WA EASTERN SEABOARD* NATIONAL Page 1 of 6

2 Sellers Data 45kg 60kg (Sellers) Male Female Barrows Male Female Barrows QLD NSW VIC SA WA EASTERN SEABOARD* NATIONAL kg 75kg (Sellers) 45kg - 60kg Male Female Barrows Male Female Barrows QLD NSW VIC SA WA EASTERN SEABOARD* NATIONAL kg 85kg (Sellers) Male Female Barrows Male Female Barrows QLD NSW VIC SA WA EASTERN SEABOARD* NATIONAL kg and above (Sellers) 45kg - 60kg Male Female Barrows Male Female Barrows QLD NSW VIC SA WA EASTERN SEABOARD* NATIONAL Backfatter Sows (Buyers) QLD NSW VIC SA WA EASTERN SEABOARD* NATIONAL Backfatter Sows (Sellers) QLD NSW VIC SA WA EASTERN SEABOARD* NATIONAL Page 2 of 6

3 : Denotes change from previous week. *Eastern Seaboard: Includes QLD, NSW, VIC & SA states only. SALEYARD PRICES (Buyers) Baconer price Porker Price Numbers Sold Toowoomba (QLD) N/A N/A N/A N/A N/A N/A N/A N/A Ballarat (VIC) N/A N/A N/A N/A N/A N/A N/A N/A Dublin (SA) N/A N/A N/A N/A : Denotes change from previous week. N/A: Denotes no data provided. Pork Wholesale Prices (Sydney c/kg) (Source: APL Market Reporting TW: This Week LW: Last Week RAA: Rolling Annual ) 09/02/2018 CARCASS BROKEN SALES Pork Bacon Legs Legs Ham Trim Saddles Loin Forequarters Bellies TW LW Rolling MAT /02/2018 CARTON SALES US Ribs Boneless Legs Fillets Boneless Middles mm fat Boneless Middles mm fat Boneless Shoulders Pork Neck Trim 90CL TW LW Rolling MAT Page 3 of 6

4 Weekly Grain Comments (Source: Profarmer) To the point: International markets have found some support this week. Domestic markets have followed their interntional counterparts higher also. Key Market Indicators 13/02/18 CBOT Wheat Mar 18 AUD/USD ICE Canola Mar 18 AUD/CAD Matif Canola May 18 AUD/EUR This week $A/t Usc/bu US c $A/t $C/t CA c $A/t /t Euro c Last Week Change International and National The USDA WASDE report was released on Thursday night Australian time. It was a fairly bullish report, although the market response was somewhat subdued. International wheat values saw some support throughout the week as concerns about dryness in the US, along with lower projected US exports raised prices. Prices are moving around a bit of late, as much of the southern hemisphere harvest is done and these markets are now reacting to weather in the northern hemisphere. Domestically prices have generally followed international markets higher this week. Barley continues to move high in a historical context as global supplies are lower than other feed grains such as corn or wheat. Page 4 of 6

5 Wheat Sth QLD/Nth NSW Hot weather, a stronger international market and lack of grower selling has supported wheat values this week. Feed grains are generally trading close to their higher protein counterparts. Sth NSW/VIC/SA Wheat markets have been firmer this week. Sellers have come more to the market and buyers appear to be matching them, with reasonable depth. Barley Sth QLD/Nth NSW Barleys remained joint at the hip to wheat values and risen with them. Sellers in this part of the world have been sporadic. Sth NSW/VIC/SA Barley has also moved higher this week supported by offshore cereal markets. This is also reflective of the tightness in barley stocks both domestically and offshore. Sorghum There has been good rainfall across a significant part of cropping areas in SQLD and CQLD. This will arrest yield decline and support later crops in SQLD. There may be some extra demand for exports if the Australian dollar continues to track lower. Page 5 of 6

6 Weekly Grain Table (Source: ProFarmer) Delivered Darling Downs Deliverd Brisbane Delivered Northern NSW LW TW LW TW LW TW LW TW Feed Wheat Feed Barley Sorghum Soy meal Canola meal Cotton seed LW TW LW TW LW TW LW TW Feed Wheat Feed Barley Triticale Soy meal Canola meal Delivered Geelong Delivered Adelaide Delivered Fremantle LW TW LW TW LW TW Feed Wheat Feed Barley Soy meal N/A N/A N/A Canola meal Feed Oats Delivered Newcastle Delivered Southern NSW Delivered Port Kembla Delivered Goulburn Valley Delivered Central VIC DD = Darling Downs Bris = Brisbane Nth NSW = Northern New South Wales New = Newcastle Sth NSW = Southern New South Wales Pt K = Port Kembla GV Goulburn Valley Central Vic = Central Victoria Geel = Geelong Adel = Adelaide Freo = Fremantle. LW = Last week TW = This week = Change N/Q = No Quote Due to the volatility of the grain market, caution must be used when valuing data. Disclaimer: The information contained in this report cannot be forwarded to, or used by, any third party without prior written consent from Australian Pork Limited (APL). This information has been collected and processed by APL and has not been prepared for any particular individual or entity. The information contained in the report may not be an accurate reflection of market prices or of changes in market prices. The report does not constitute a recommendation by, or opinion of, APL. While APL has no reason to believe that the information contained in this report is inaccurate, APL is unable to guarantee the accuracy of the information at any point in time and, subject to any terms implied by law which cannot be excluded, accepts no responsibility for loss suffered as a result of any party s reliance on the accuracy or currency of the content of this report. The information contained in the report should not be relied upon for any purpose, including as a substitute for professional advice. Nothing within the report constitutes an express or implied warranty, or representation, with respect to any future matter or as to the value of or demand for any good. Page 6 of 6