Pinnacle Logo

Sawtell

P.O Box 140, Sawtell, NSW, 2452
02 6658 7456 and 02 6658 8308

Gunnedah

Level 1, 227 Conadilly St Gunnedah NSW 2380
02 6742 2199
 

Welcome to Pinnacle Commodities Pty Ltd


"Commodity Marketing Solutions"


Pinnacle Commodities facilitates the trading of grain, pulses, oilseeds and cotton to traders, millers, end users, merchants and exporters.

We strive to find and negotiate the best deals for our clients through our extensive contacts and industry experience.
 

Today’s Market Opportunities (21/05/2012)

  • Futures markets were stronger over the weekend with wheat, corn and cotton up, and soybeans down.
  • Wheat markets lead the way with dry weather concerns persisting in the western plains of the US and parts of the Ukraine and Russia, and short covering also added to the positive tone.
  • Soybeans were on the wrong end of unwinding soybean corn/wheat spreads which sold them off and supported wheat and corn.
  • Domestic markets were trading well with chickpeas delivered Moree buying $540 for a Nov/Dec delivery. Hectare contracts are again scarce with reports of these contracts potentially unavailable until next month.
  • Wheat markets were higher overall with Track Newcastle ASW reaching $220 and demand for H2 and APH2 gaining momentum for Brisbane markets.


Mission Statement


 "Designed to focus specifically on the needs of Australian growers, in all facets of commodity marketing, and the strategic advancement of our clients in the agricultural sector."

Links


CME Group
ASX Grain Futures
Live AUD/USD
Futuresource
Graincorp
The Bureau of Meteorology
Grain Trade Australia
Creative Australian Professional Photographers

Daily Futures Prices Table


21/05/2012
Commodity Month Price Change
CME Wheat July12 695.2 +37.4
CME Wheat Dec12 720 +31.2
CME Wheat Dec13 761 +23.2
CME Corn July12 635.4 +10.4
CME Corn May13 557 +9.6
Red Spring Wheat Dec12 790 +21.6
Kansas Wheat Dec12 738.6 +30.2
Soybeans Nov12 1288 -18.4
ASX Wheat July12 230 +3.2
ASX Wheat Jan13 248 +4
ASX Barley Jan13 208.5 +0.5
ASX Sorghum July12 187.5 +0
ASX Canola Jan13 540 +20
AUD/USD Spot 98.40 -0.53
Crude Oil Jun12 91.48 -1.08
ICE Cotton July12 77.99 +1.34
ICE Cotton May13 77.47 +1.37
ICE Cotton May14 79.64 +1.39





 




 
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