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Grain Report Tuesday- 16th December


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


***I’ll be travelling and attending a family wedding on 17th-22nd Dec, so there will be no daily comment over that period. I plan to write the daily comment over Christmas/New Year.***


Soybean futures slid to a seven-week low amid a...


In the south, track bids have lost $10-12/t on grower selling but upcountry bids in southern port zones have held up better. Feed barley bids are supported by .....

 

In the west, bids have drifted $3-5/t lower in the past week, mainly in line with .....

 

Internationally, wheat looks to be under most pressure with a bulging balance sheet and cheap offers from Argentina. Barley and corn values are being supported by strong feeding demand.

I’ll be back next week.


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



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