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.
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Most track numbers were under pressure from the higher $A yesterday. Sorghum eased $4-5/t. There was some string action on CGX with a whack of feed barley trading at $325/t FIS Albany and some good trades on Planet malt barley into Melbourne at $341-353/t track. The key message is that there are trade shorts out there, but pricing opportunities are fleeting with growers holding stock prepared to hit the bid on price spikes. If you are looking to sell, decide a price and offer it on CGX so traders know what they must pay to secure tonnage. The international market is firming very gradually but the $A is negating this currently.
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