cbh australian crop update · 2017. 3. 15. · av geraldton kwinana albany esperance extensibility...
TRANSCRIPT
CBHAUSTRALIANCROPUPDATEMARCH2017
WallaceChangRegionalManagerNorthAsia
CBH Group - Vertically Integrated Supply Chain
Our CustomersFlour millers, maltsters, feed manufacturers, food processors
Our Growers4,200 members10 million tonne productionLargest co-operative in Australia
Processing7 flour mills in Vietnam, Indonesia, Malaysia & Turkey76% of wheat sourced from Australia1.5 MMT of flour produced annually
Storage & Handling195 site4 Panamax ports20MMT storage capacity22 locomotives and 574 wagons
Marketing & TradingLargest exporter in AustraliaWA and EA accumulationsInternational offices in Hong Kong, Japan and RussiaExports to more than 30 countries
ShippingLoad 10 million tonnes per yearStevedoringCharter >5 million tonnes
CBH GROUP: STRATEGIC LOCATION
CBH GROUPSTRATEGIC LOCATIONNatural Freight Advantage, Fully Integrated Supply Chain, Dedicated Shipping Department, One Execution Team with Global View
INTERFLOUR-MillingAn integrated grain supply chain to Asia
Blue Lake Milling
Provides capability to build CBH regional oats strategy
Alternative income stream = generate rebates for growers
§ Blue Lake Milling is a leading manufacturer of premium Australian oat and grain products.
§ Specialized in rolled, quick, instant oats and oat flour.
§ Packages and distributes an extensive range of niche cereal flakes, bran, flours and premixes.
§ Customers include major retailers and top quality private labels.
CBH Group: Global View
CBH GROUPYOUR SUPPLY PARTNER83 years handling and export experience Global and superior services Ø Marketing & AccumulationØ Shipping Ø Technical SupportØ Contract Execution
CBH – AN INTEGRATED SUPPLY CHAIN
WHEAT 61%
BARLEY22%
CANOLA7%
CHICKPEAS3%
FABA BEANS1%
FIELD PEAS0%
LENTILS 1% LUPINS
2%OATS
3%
GRAIN SORGHUM
49%
COTTON SEED19%
COTTON LINT14%
RICE6%
CORN10%
SOYBEANS1% SUNFLOWER
1%
WINTER CROP
40MMTSUMMER CROP4.1MMT
AustralianCropProduction
Australian Wheat Export by Country
Australian Wheat Export Volume and Market Share 15/16
WA Wheat export Volume and Market Share 15/16
2015/16 Australian Barley Exports & Market Share
CBH38.07%
National Barley Market Share Bulk Export 2015/16
CBH58.13%
WA Barley Market Share Bulk Export 2015/16
Source: ACF
SeasonUpdate
15/16seasonalconditions
MAINTENANCE:Favourable
PLANTING:Favourable
GROWTH:Favourable
HARVEST:Favourable
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC MaintenancePlantGrowthHarvest
2015 2016
Australian Wheat Production by State
-
5
10
15
20
25
30
01/02 02/03 03/04 04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17
Whe
atProdu
ction(M
TMillions)
WestAustralia NewSouthWales SouthAustralia Victoria Queensland
Australianwheatproduction16/17PRODUCTION
30.7MMT
Australianwheatgradeprofile
0
2
4
6
8
10
12
APH AH AUH APW ASW GP/FEED Durum ANW Other
Whe
atProdu
ction(M
TMillions)
15/16 16/17 5YRAverage
16/17PRODUCTIONASW41%
WesternAustralia
WesternAustralianhardwhitewheat(AH)
15/16Season 16/17SeasonAv Geraldton Kwinana Albany Esperance
Protein(%-11%MB) 11.6 11.6 11.5 11.5 11.5Moisture(%) 10.7 9.3 9.2 10.6 10.8TestWeight(KG/HL) 79.0 81.4 81.3 80.4 81.7Screenings(%- 2mm) 3.5 1.9 1.6 1.8 1.01000KernelWeight(g) 35.3 39.1 43.6 41.2 44.1WetGluten(%) 27.7 30.6 29.4 30.0 27.2Fallingnumber(s) 399 452 411 438 408Hardness(SKCS) 71 75 75 74 77
WAAH2:physicaltests
15/16Season 16/17 SeasonAv Geraldton Kwinana Albany Esperance
FlourExtra.(%SG) 75.3 76.9 75.5 74.7 74.2FlourMoisture(%) 14.0 13.8 13.7 13.8 13.1FlourAsh(%14%MB) 0.47 0.52 0.46 0.37 0.52FlourGlutenIndex(%) 95.3 80 86 90 89MinoltaFlourL* 92.9 92.7 92.6 92.7 92.8MinoltaFlourb* 10.1 10.5 10.6 10.5 9.6
WAAH2:testmill
15/16Season 16/17SeasonAv Geraldton Kwinana Albany Esperance
WaterAbsorption(%) 61.1 65.2 65.8 64.3 66.3Developmenttime(min) 6.6 4.2 5.9 5.5 5.2StabilityTime(min) 14.1 9.3 12.7 8.1 6.3
Geraldton Kwinana Albany Esperance
WAAH2:farinograph
15/16Season 16/17SeasonAv Geraldton Kwinana Albany Esperance
Extensibility(cm)45min 22 20.1 21.5 17.9 20.9RMax Height(BU)45min 372 245 315 360 270Area(cm2)45min 102 72 93 91 82Extensibility(cm)135min 20.1 20.0 18.8 17.7 20.1RMaxHeight(BU)135min 433 282 360 417 296Area(cm2)135min 123 82 98 102 84
Geraldton Kwinana Albany Esperance
WAAH2:extensograph
15/16Season 16/17Season
Av Geraldton Kwinana Albany EsperanceL*(T=0min) 82.6 82.7 82.7 82.8 82.5b*(T=0min) 23.3 28.3 28.3 27.1 25.2BrightnessStability 11.9 12.0 11.9 11.8 12.0L*(T=24hr) 70.6 70.7 70.7 71.0 70.5b*(T=24hr) 26.5 31.5 31.5 30.0 29.3
WAAH2:yellowalkalinenoodle
15/16Season 16/17 SeasonStraightDoughBaking Av Geraldton Kwinana Albany EsperanceLoafVol430gloaf(cc) 756 780 770 760 750LoafScore 67 73 73 73 74
Sponge&DoughLoafVol430gloaf(cc) 1160 1230 1205 1205 1255LoafScore 61 68 69 70 71
WAAH2:bakingtests
WesternAustralianpremium
whitewheat(APW)
WAAPW1:physicaltests
15/16Season 16/17SeasonAv Geraldton Kwinana Albany Esperance
Protein(%-11%MB) 10.7 10.6 10.5 10.5 10.6Moisture(%) 10.7 9.6 9.1 10.6 11.0TestWeight(KG/HL) 79.2 81.8 81.3 80.9 81.8Screenings(%- 2mm) 3.3 1.7 1.7 2.0 1.21000KernelWeight(g) 36.7 40.3 41.4 40.7 44.5WetGluten(%) 24.5 25.2 26.7 25.6 24.0Fallingnumber(s) 389 422 392 414 429Hardness(SKCS) 71 75 74 75 76
WAAPW1:testmill
15/16Season 16/17Season
Av Geraldton Kwinana Albany EsperanceFlourExtra.(%SG) 75.6 76.5 74.6 76.0 74.5FlourMoisture(%) 13.9 13.2 13.7 13.5 13.6FlourAsh(%14%MB) 0.49 0.48 0.43 0.53 0.49FlourGlutenIndex(%) 95.5 89 92 93 91MinoltaFlourL* 93 92.8 92.9 92.8 93.2MinoltaFlourb* 10.2 10.6 10.5 10.7 9.6
WAAPW1:farinograph
15/16Season 16/17SeasonAv Geraldton Kwinana Albany Esperance
WaterAbsorption(%) 61.4 64.6 65.6 63.9 66.2Developmenttime(min) 5.4 3.9 5.2 4.2 3.3StabilityTime(min) 11.1 7.5 13.8 5.1 6.4
Geraldton Kwinana Albany Esperance
WAAPW1:extensograph
15/16 Season 16/17AverageAv Geraldton Kwinana Albany Esperance
Extensibility(cm)45min 18.4 18.4 18.6 16.6 18.1RMax Height(BU)45min 315 205 300 320 290Area(cm2)45min 83 56 80 78 77Extensibility(cm)135min 16.6 18.6 17.4 16.4 16.1RMaxHeight(BU)135min 400 240 385 385 385Area(cm2)135min 98 65 91 89 89
Geraldton Kwinana Albany Esperance
WAAPW1:yellowalkalinenoodle
15/16Season 16/17SeasonAv Geraldton Kwinana Albany Esperance
L*(T=0min) 83.4 83.7 85.6 83.8 84.8b*(T=0min) 22.8 27.0 25.6 27.1 25.7BrightnessStability 11.6 11.3 9.5 11.6 9.5L*(T=24hr) 71.8 72.4 76.1 72.2 75.3b*(T=24hr) 26 30.8 30.0 30.5 29.3
WesternAustralian
standard whitewheat(ASW)
WAASW1:physicaltests
15/16Season 16/17SeasonAv Geraldton Kwinana Albany Esperance
Protein(%-11%MB) 9.2 8.9 8.8 8.8 8.9Moisture(%) 10.7 9.6 9.0 10.8 11.1TestWeight(KG/HL) 79.4 82.1 82.0 81.6 82.2Screenings(%- 2mm) 3.1 1.4 1.6 1.9 1.51000KernelWeight(g) 38.1 42.4 42.3 41.8 43.1WetGluten(%) 19.2 19 19.6 17.5 17.9Fallingnumber(s) 370 412 409 402 384Hardness(SKCS) 68 74 74 74 76
WAASW1:testmill
15/16Season 16/17Season
Av Geraldton Kwinana Albany EsperanceFlourExtra.(%SG) 74.5 74.8 75.2 74.3 74.2FlourMoisture(%) 13.8 13.7 14.1 13.7 13.6FlourAsh(%14%MB) 0.51 0.53 0.45 0.51 0.43FlourGlutenIndex(%) 97 93 96 83 88MinoltaFlourL* 93.2 93.3 93.5 92.8 93.3MinoltaFlourb* 9.9 10.2 10.6 10.9 9.9
WAASW1:farinograph
15/16Season 16/17SeasonAv Geraldton Kwinana Albany Esperance
WaterAbsorption(%) 59.5 64.1 60.1 62 65Developmenttime(min) 1.8 1.4 1.8 1.7 1.7StabilityTime(min) 8.0 1.4 6.0 5.3 2.9
Geraldton Kwinana Albany Esperance
WAASW1:doughrheology
Extensograph WA15/16 Geraldton Kwinana Albany EsperanceExtensibility(cm)45min 13.9 14.9 14.6 14.4 14.6RMax Height(BU)45min 304 220 255 295 240Area(cm2)45min 64 49 62 62 52Extensibility(cm)135min 12.5 14.5 14.3 14.2 13.9RMaxHeight(BU)135min 418 245 310 345 315Area(cm2)135min 78 52 75 68 63
Geraldton Kwinana Albany Esperance
WAASW1:yellowalkalinenoodle
15/16Season 16/17Season
Av Geraldton Kwinana Albany EsperanceL*(T=0min) 85 84 85.2 85 84.3b*(T=0min) 23.3 26.3 25.8 26.3 27BrightnessStability 9.0 9.4 9.8 9.5 9.3L*(T=24hr) 74 74.6 75.1 74.7 74.5b*(T=24hr) 25 28.9 27.7 27.9 28
WAASW1:bakingtest
15/16Season 16/17SeasonStraightDoughBaking Av Geraldton Kwinana Albany EsperanceLoafVol430gloaf(cc) 635 635 655 615 640LoafScore 51 59 63 63 59
Sponge&DoughLoafVol430gloaf(cc) 1010 1081 1120 1005 1100LoafScore 51 59 64 60 61
WesternAustralian
Noodlewheat(ANW)
WAANWQualityAssessment:PhysicalTests
WA15/16 Geraldton Kwinana AlbanyProtein(%-11%MB) 10.4 9.6 9.7 10.0Moisture(%) 9.9 9.9 9.2 11.3TestWeight(KG/HL) 79.4 81.7 81.6 80.4Screenings(%) 3.4 1.5 1.5 1.91000KernelWeight(g) 38 43 41 40WetGluten(%) 24.2 23.8 24.7 24Fallingnumber(s) 339 350 364 340Hardness(SKCS) 42 42 44 43RVA(cP) 2245 1989 2000 2025
WA15/16 Geraldton Kwinana AlbanyFlourExtra.(%) 60 60 60 60FlourMoisture(%) 14 13.8 13.9 13.7FlourAsh(%14%MB) 0.37 0.35 0.38 0.41Flour WetGluten(%) 21 22.0 22.4 23.3FlourGlutenIndex(%) 82 85 80 83MinoltaFlourL* 94.1 94.2 94.1 94MinoltaFlourb* 8.0 8.1 8.3 8.7
WAANWQualityAssessment:TestMill
WAANWQualityAssessment:DoughRheology
Farinograph WA15/16 Geraldton Kwinana Albany
Water Absorption( %) 53.1 55 56 56
Development time (min) 3.9 2.2 1.5 2.5Stability Time ( min) 14.9 5.1 4.9 5.3
Extensograph WA15/16 Geraldton Kwinana AlbanyExtensibility(cm)45min 16.6 15 16 14.6RMax Height(BU)45min 397 350 355 355Area(cm2)45min 88 80 81 73
WAANWQualityAssessment:DoughRheology
Amylograph WA15/16 Geraldton Kwinana AlbanyPeak(BU) 594 570 640 630
WAANWQualityAssessment:UdonNoodle
WA15/16 Geraldton Kwinana AlbanyL*(T=0min) 86.2 87.2 87.0 87.0b* (T=0min) 20.1 23.0 24.2 24.4BrightnessStability 6.8 7.4 8.4 8.4L* (T=24hr) 79.5 79.8 78.6 78.6b*( T=24hr) 23.2 26.0 27.6 27.3CookedNoodleL* 78.5 80.6 79.3 78.6CookedNoodleb* 20.3 25.9 26.0 26.5Yield(%) 143 146 146 134Firmness(N) 1.8 1.8 1.8 1.7
WesternAustralia
In61. Lowprotein2. Lowscreenings3. Highextraction4. HigherGlutenVs165. HigherWA%6. Lowerstability
AustralianBarely
Australian Barley Exports by grade
Australian Barley Exports
Percentage Shipped to China
China Barley Imports 2016
Western Australian Barley production
-
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
‘000
Met
ric T
onne
s
Source: CBH
• 15 Year West Australian barley production average = 2.43mmt• 10 Year West Australian barley production average = 2.48mmt• 5 Year West Australian barley production average = 2.88mmt
Australian Barley Production
• 15 Year Australian barley production average = 7.68mmt• 10 Year Australian barley production average = 7.59mmt• 5 Year Australian barley production average = 8.26mmt
Source: CBH
-
2,000
4,000
6,000
8,000
10,000
12,000
‘000
MetricTo
nnes
WA
SA
Vic
NSW
Qld
WA Barley Production by Variety (%)
SA&EA– Majorvarieties:Commander,Scope,Hindmarsh,LaTrobe.– CompasstogrowinpopularityinSA(earliestpossibleaccreditation
forCompassis2018).– AlsoexpectingLaTrobetoincreaseinpopularity.
WA– Majorvarieties:Scope,LaTrobe,Hindmarsh.– ExpectingLaTrobe,Flinders&Spartacustoincreaseinpopularity.– WithSpartacusinthepipelineWA/CBHiswellplacedtoprovide
HindmarshandLaTrobetypeofvarietiesthatarealreadytestedinthebarleyteamarket.
Comments on variety trend in Australia
Grain quality indication, Western Australia
Variety Test weightKg/hl
Protein%
Moisture%
Brightness Retention>2.5mm
Kwinana
Bass 68.9 9.8 – 10.8 9.8 61.5 90.6
Baudin 67.4 10.2 – 10.6 9.7 60.5 85.4
Flinders 68.9 10.3 – 10.6 9.7 62.2 87.4
LaTrobe 68.9 9.6 – 10.6 9.8 61.0 85.6
Scope 68.1 9.5 – 10.5 9.6 61.4 84.0
Hindmarsh 68.6 9.8 – 10.6 9.7 61.4 85.0
Feed / FAQ 65.8 9.5 – 10.0 9.7 60.9 77.4
Geraldton
LaTrobe 69.3 9.8 – 10.5 10.4 59.4 87.5
Scope 68.1 9.5 - 10.0 10.4 59.6 87.0
Hindmarsh 70.0 9.5 – 10.0 10.7 60.1 87.5
Feed / FAQ 66.4 9.5 – 9.8 10.4 59.6 83.3
Grain quality indication, Western Australia
Variety Test weightKg/hl
Protein%
Moisture%
Brightness Retention>2.5mm
Albany
Bass 68.4 10.0 – 11.0 11.0 60.8 88.5
Flinders 68.9 10.0 – 10.5 9.7 62.2 87.4
LaTrobe 68.9 9.8 – 10.8 9.8 61.0 85.6
Scope 68.1 9.6 – 10.6 9.6 61.4 84.0
Hindmarsh 68.6 10.0 – 10.6 9.7 61.4 85.0
Feed / FAQ 65.8 9.2 – 10.0 9.7 60.9 77.4
Esperance
Bass 69.4 10.0 – 10.5 11.2 59.0 92.5
Gairdner 68.0 10.0 – 10.5 10.9 61.3 89.6
LaTrobe 69.0 9.5 – 10.4 11.1 60.8 87.7
Scope 69.4 10.0 – 10.5 11.2 61.5 86.7
Hindmarsh 68.7 10.0 – 10.6 10.9 62.6 86.7
Feed / FAQ 67.4 9.0 – 10.0 11.4 59.0 84.4
A record barley harvest
Scope
WesternAustraliaBarley
In61. Goodprotein2. Goodcolor3. High1000Kernel
Weight4. HighRetention
stability5. Lowscreenings6. LowMoisture