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Grain Report Monday- 28th July


Market Almost Open - CGX daily report


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.




Chart including Wheat CBOT prices, Wheat Black Sea prices, Canola ICE prices and Canola MATIF prices




Dominic Hogan Outlook commodities comments

Wheat slipped under pressure from the advancing northern hemisphere harvest despite solid US wheat exports.

 

Corn fell on mild weather forecasts for the US midwest.

 

While soybeans continue to struggle against solid crop conditions in the face of weak US export demand.


Local grain markets were under pressure by the end of last week on widespread rainfall forecasts.


For further market commentary please contact the CGX team on 1800 000 410



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