What price do you want for your grain?
Australia’s independent grain report—designed to help support your pricing decisions before the market opens at 10:00am AEST. If you need to change your offer price, simply edit it before market open.
International grain markets were flat heading into the weekend ahead of tonight’s USDA reports.
In local markets, trade buying activity has picked up with better interest for chickpeas and sorghum in the north while track WA feed barley bids have firmed, narrowing the spread to wheat. I’m expecting barley to outperform given a tighter international and local balance sheet vis-a vis wheat.
BOM rainfall activity increasing for most of QLD (50-100mm, heavier in places) and the eastern half of NSW/VIC (15-50mm, heavier on the coast).
$A steady at 66.7USc with the $US resilient after jobs data. US CPI Tuesday night and court ruling on US tariffs 14 January.
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