US corn futures could rise as high as US650c/bu under a scenario outlined by veteran US grains industry analyst Dave Hightower.
Green peach aphid populations have been discovered in Western Australia with resistance to the insecticide sulfoxaflor.
The focus has been on grain heading from WA to Queensland and NSW but shipments are also moving into Victoria as well.
In other jurisdictions, farmers have been worried glyphosate may be banned by regulators, in Australia legal risk is a bigger concern.
Blockchain technology may help grain growers reduce counterparty risk by allowing instanteous payment upon delivery of grain.
Australia's first court case against Bayer on the grounds that its Roundup herbicide causes cancer has been lodged.
The gloom surrounding Aussie grain production is set to continue this year according to a Rabobank forecast.
Bayer's position on the safety of glyphosate remains resolute, in spite of a lawsuit against the company lodged this week.