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.
US soybean futures hit their highest price in three months overnight supported by high.....
Wheat rebounded on weather risks and an end to the latest.....
A cold snap across most of Ukraine following a thaw has led a crust of ice to form on fields that may damage.....
Canola futures rose on Wednesday but....
If you need to sell canola in the next month or two, particularly GM (I expect a pickup in EU demand for non-GM to support values ahead of its next harvest), getting offers up on CGX is the go. The move higher in Canada combined with a
slightly weaker $A may see local bids rise a bit.
Chicago wheat made a nice recovery overnight.
Exporters tell me that export inquiry for Australian wheat is picking up but....
Outside of this the market is still waiting for a widespread break across eastern cropping areas to change market sentiment and prise some stocks out of growers’ hands or a +$20/t lift in wheat values.
For further market commentary please contact the CGX team on 1800 000 410
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