Tim Phelps

Ag commodities risk manager @ Market Check in Sydney. Sports nut. Tweets are my own.

[Tim Phelps @phelpstim]

@GoddessofGrain Every time... if you start at 25 you’ll almost never miss by more than 12mmt in either direction 👌🏼

[Tim Phelps @phelpstim]

@CrundallNick @hemantmehta @tomscarf 😳

[Nick Crundall @CrundallNick]

When stocks stop just going up forever.......

[Tim Phelps @phelpstim]

@WheatTraderFCSt @mattc_fcs Ah, the old Texas hedge! What could go wrong?

[Market Check @MarketCheck1]

Notwithstanding the odd outlier year, still a healthy correlation between Aussie #wheat and US wheat. Avg since deregulation 75% & 74% for CBOT & KC respectively. Outlier years present both risks & opportunity

[Market Check @MarketCheck1]

Indo's been our biggest #wheat home since Iran was #1 in the 01/02 ssn. The prem Indo traditionally paid for Aus has been suppressed in recent yrs due to increased comp out of Argy/B. Sea. Phillippines increasing as we're exempt from tariffs other origins pay #oatt #harvest19

[Market Check @MarketCheck1]

#barley continues to weaken vs #wheat across Australia - especially over the past month as growers start barley #harvest19 #oatt

[Tim Phelps @phelpstim]

@CrundallNick

[Tim Phelps @phelpstim]

@hughcavill It’s been killing me slowly for years, looks like it’s finally going in for the knockout blow this year.

[Tim Phelps @phelpstim]

@hughcavill You’re off ya head, mad dog! 😂 @ChesterForbes

[Tim Phelps @phelpstim]

@CrundallNick @snarkosaurous Sydney wouldn’t know what hit it

[Tim Phelps @phelpstim]

@hughcavill 100% - if mid off hits at the bowler's end, Klusener's out by a mile and looks like a complete goose. Donald's been stitched up big time.

[Tim Phelps @phelpstim]

Starting to think this #corn crop may be a bit late....

[Tim Phelps @phelpstim]

@ClarkieACgrain Close....

[Tim Phelps @phelpstim]

@ClarkieACgrain Sounded like it!

[Tim Phelps @phelpstim]

US 10-day forecast is pretty damn wet for most of the midwest, hampering planting efforts even further.

[Tim Phelps @phelpstim]

US Crop Progress (week #19) - #corn plant remains slow, only 7% planted last week, putting US total 36% behind 5yr ave (IL 71% behind). Same in #soybeans which are now 20% behind 5yr ave. Spring #wheat still not even half way done, 22% behind 5yr ave.

[Tim Phelps @phelpstim]

@BDoubleTrucker @CrundallNick I can see heaps of (very wrong) figures in there? 6mmt wheat carry-out has to be my fave!

[Market Check @MarketCheck1]

Vegetation explosion in Queensland following the Feb/March rain. Images... Pic one: November 19th 2018; Pic two: February 12th 2019; Pic three: May 5th 2019. Via John’s Weather Channel - JWC

[Tim Phelps @phelpstim]

US Crop Progress - #corn planting falls further behind with another rain-impaired week on the way, #soybeans starting to fall behind in key states as well. Spring #wheat still way behind pace but maybe a chance to catch up in ND this week. Winter #wheat conditions still great.