Buyers continue to engage in choppy market

Trade stats for last week:

• 23 buyers bought through CGX - more searching
• 16 grades traded
• 4 commodities traded - wheat, barley, canola, sorghum
• 11 port zones traded around Australia
• 3 seasons traded - 17/18, 16/17 and 15/16

Volatile CBOT wheat futures over the last couple of weeks has provided growers opportunity to get sales away at their target prices. Buyers have been able to bid up values partly on the back of higher futures whilst dry conditions in most parts of Australia is underlying local demand.

See chart below from Profarmer's Morning Market Insights. The grey area depicts the value of nearby CBOT wheat futures in A$/t.



Wheat made up the majority of trading last week at 60% of all tonnes traded with 16 different buyers purchasing 11 grades of wheat. The chart below shows the volatility in wheat values creating opportunity for growers to get sales away at their target prices.



Barley took a back seat this week in terms of traded volume making up just 7% of all trades (vs 27% last week). This appears to be a function of the availability of barley left unsold rather than buyer appetite for the commodity. The barley trades that did occur last week were at very strong values compared with the best public bid - see chart below as an example.

Hence if you have barley, it's in scarce supply and in high demand, so name your price and get it on offer!



Canola made up a higher percentage of all grain traded last week at 17%. There still seems to be a bit of canola held by growers given many have been waiting for values at or near those that were achieved at the beginning of harvest.

The good news for those holding canola is Canadian canola trading on ICE futures, a global benchmark for canola values, are back at pre-Australian harvest levels. See chart below from Profarmer, the grey area depicts the values in A$/t.



This should help buyers lift the price they can pay for Aussie canola. The chart below highlights that Aussie cash prices are not reflecting the full increase in ICE canola futures "yet", likely due to the relatively large Australian crop of last year keeping a lid on values. Although, with current market dynamics (higher futures and dry Australia) having your offer ahead of the market is a good chance of attracting interest.



Sorghum is the other commodity attracting a heap of attention. China imposing a tariff on US imports and Australian dry conditions are ensuring buyers are willing to engage if they can see the offer. See chart below.



23 different buyers bought grain through CGX last week highlighting the appetite by many buyers to accumulate grain.

Have your offer in Clear Grain Exchange as sometimes you don't know what you don't know! There may be a buyer out there looking for your grade at your location and ready to buy it at your price if they know it is there.

Below is a summary of trades on CGX last week, please follow the link to view trades in more detail. 

Offering your grain can pull out a stronger bid!

Often we are seeing firm bids against offers at strong values relative to public bids however not quite at the levels growers are seeking with their offers.

Below is an example of such a case, the best public bid is $299.25 (as collected by Profarmer), the growers offer is $308. A buyer has seen this offer and has placed a firm bid of $305. This provides those growers the opportunity to hit those stronger bids if they are wanting to secure some cash or maintain their offer at those levels on the expectation of a future lift in values if they wish. 

Hence by having your grain on offer in CGX it creates the opportunity! 

There is no downside in offering your grain on CGX!

It’s free to register and free to offer your grain on Clear Grain Exchange. You can edit or cancel your offer at any time for free before it trades. 

A trade can only occur at the price you put on it (or higher), your offer is exposed to all buyers and if your grain trades you are protected by a secure settlement process that ensures you don't lose title of your grain until you are paid.

Therefore as long as you are happy with the price and amount of grain you put on offer, there is no downside in giving the exchange a go!

You can also authorise your trusted grain-marketing professional to act on your behalf on the exchange.

If you need help registering a Clear Grain Exchange account or offering your grain, please don’t hesitate to contact the team.

Connect with us....        

Strong demand; 33 buyers - more searching last week!

Trade stats for last week:

• 33 buyers bought through CGX - more searching
• 24 grades traded
• 5 commodities traded - wheat, barley, canola, oats, sorghum
• 14 port zones traded around Australia
• 3 seasons traded - 17/18, 16/17 and 15/16

CBOT wheat futures continued to trade higher for most of last week providing opportunity for growers to get sales away at their target prices. All grades of barley remained in strong demand with values continuing to climb and many trades going through well above the best public bid. Canola, oats and sorghum were the other commodities to trade.

See chart below from Profarmer's Morning Market Insights. The grey area depicts the value of nearby CBOT wheat futures in A$/t. Strong cash values for Aussie wheat last week were able to be achieved partly due to CBOT trading higher. Unfortunately CBOT wheat is trading lower to start this week.



Of the 33 different buyers that bought through CGX last week, 25 bought wheat and 15 bought barley! More buyers participating to buy your grain is a healthy indicator of strong buyer demand which was able to push values higher last week. This saw many trades on CGX well above public bids as buyers jumped over themselves to get hold of grain.

Old season (16/17) grain was often attracting current season (17/18) values - even some 15/16 season grain traded last week! For those holding old season grain CGX can be an effective way to sell that grain.

See below chart plotting 17/18 season ASW1 Kwinana wheat trades on CGX against the best public bid as collected by Profarmer (note 16/17 grain trade at the same values as current season bids).



An example of barley demand is provided below with trades plotted against the best public bid for 17/18 Feed barley at Quambatook Victoria.



Canola is a commodity many appear to be holding in warehouse after the decrease in prices from the beginning of harvest. See chart below from Profarmer highlighting the price moves in ICE canola futures, a global benchmark for canola values. The grey area depicts the values in A$/t and shows Canadian canola values reached close to early harvest levels!

Whilst there appears to be a fair bit of canola around in Australia currently keeping a lid on Aussie values, ICE canola is providing opportunity for traders to pay up when they need it and a dry start to the year and possibly lower canola plantings may put some support in old crop canola values.



Trades of canola continue to tick through CGX at strong values relative to the best public bid - hence offer your canola at your price on CGX to create a trade opportunity.



Have your offer in Clear Grain Exchange as sometimes you don't know what you don't know! There may be a buyer out there looking for your grade at your location and ready to buy it at your price if they know it is there.

Below is a summary of trades on CGX last week, please follow the link to view trades in more detail. 

Offering your grain can pull out a stronger bid!

Often we are seeing firm bids against offers at strong values relative to public bids however not quite at the levels growers are seeking with their offers.

Below is an example of such a case, the best public bid is $299.25 (as collected by Profarmer), the growers offer is $308. A buyer has seen this offer and has placed a firm bid of $305. This provides those growers the opportunity to hit those stronger bids if they are wanting to secure some cash or maintain their offer at those levels on the expectation of a future lift in values if they wish. 

Hence by having your grain on offer in CGX it creates the opportunity! 

There is no downside in offering your grain on CGX!

It’s free to register and free to offer your grain on Clear Grain Exchange. You can edit or cancel your offer at any time for free before it trades. 

A trade can only occur at the price you put on it (or higher), your offer is exposed to all buyers and if your grain trades you are protected by a secure settlement process that ensures you don't lose title of your grain until you are paid.

Therefore as long as you are happy with the price and amount of grain you put on offer, there is no downside in giving the exchange a go!

You can also authorise your trusted grain-marketing professional to act on your behalf on the exchange.

If you need help registering a Clear Grain Exchange account or offering your grain, please don’t hesitate to contact the team.

Connect with us....        

Lift in CBOT wheat sees strong buyer engagement

Trade stats for last week:

• 24 buyers bought through CGX - more searching
• 18 grades traded
• 4 commodities traded - wheat, barley, canola, oats
• 11 port zones traded around Australia
• 2 seasons traded - 17/18 and 16/17

A rebound to the upside in CBOT wheat last week provided opportunity for buyers to meet grower price targets they had been holding out for. This saw wheat make up 81% of all trades on CGX with 12 different wheat grades trading including some durum last week.

See chart below from Profarmer's Morning Market Insights. The grey area depicts the value of nearby CBOT wheat futures in A$/t.



Whilst cereal values out of the Black Sea region continue to grow in importance as the benchmark for global values, there is no doubt a higher CBOT wheat market still enables buyers to bid higher values to Aussie growers.

See below chart plotting ASW1 wheat trades on CGX against the best public bid as collected by Profarmer at Mirrool NSW. It's an example of the value of growers having their grain on offer. If growers did not have their grain on offer at the price they wanted (in this case $250/t) they may never have realised that a buyer was able to pay that price given the best public bid was $241/t.



Barley remains in strong demand and malt grades are trading at premiums to feed barley prices. Refer example below.



Oats continued to trade at very strong values in WA and canola trades also continued to tick through at strong numbers.

Old season (16/17) grain was often attracting current season (17/18) values. For those holding old season grain CGX can be an effective way to sell that grain.

Have your offer in Clear Grain Exchange as sometimes you don't know what you don't know! There may be a buyer out there looking for your grade at your location and ready to buy it at your price if they know it is there.

Below is a summary of trades on CGX last week, please follow the link to view trades in more detail. Note that if you can't find a trade or bid for your grain at your location, don't be disheartened - still offer your grain at your price as the offer draws out the bid and creates the trade opportunity!

Offering your grain can pull out a stronger bid!

Often we are seeing firm bids against offers at strong values relative to public bids however not quite at the levels growers are seeking with their offers.

Below is an example of such a case, the best public bid is $299.25 (as collected by Profarmer), the growers offer is $308. A buyer has seen this offer and has placed a firm bid of $305. This provides those growers the opportunity to hit those stronger bids if they are wanting to secure some cash or maintain their offer at those levels on the expectation of a future lift in values if they wish. 

Hence by having your grain on offer in CGX it creates the opportunity! 

There is no downside in offering your grain on CGX!

It’s free to register and free to offer your grain on Clear Grain Exchange. You can edit or cancel your offer at any time for free before it trades. 

A trade can only occur at the price you put on it (or higher), your offer is exposed to all buyers and if your grain trades you are protected by a secure settlement process that ensures you don't lose title of your grain until you are paid.

Therefore as long as you are happy with the price and amount of grain you put on offer, there is no downside in giving the exchange a go!

You can also authorise your trusted grain-marketing professional to act on your behalf on the exchange.

If you need help registering a Clear Grain Exchange account or offering your grain, please don’t hesitate to contact the team.

Connect with us....        

Barley demand strong, wheat also in specific areas; will canola values lift on the back of USDA report?

Barley continued to be the commodity on a pedestal last week as buyers hunt for any that is still out there unsold. Strong offshore demand continues to underpin prices around Australia and the growing focus on new crop rain is underpinning feeder demand in the east.

On the back of this barley grades made up 51% of all grain traded on Clear Grain Exchange last week. It didn't matter what grade of barley it was, barley was barley, and hotly sort after by buyers.

Wheat continues to trade despite receiving a downward lead from CBOT wheat futures. Wheat grades made up 41% of all grain traded last week. The predominant grades were APW1 (17%) and ASW1 (13%) reflecting the wheat grades growers are holding, yet the demand was pretty well spread across wheat grades with 8 grades of wheat trading in total.

Hopefully CBOT wheat can receive a boost to the upside on the back of the USDA quarterly acreage and stocks reports released just before the Easter break. Whilst cereal values out of the Black Sea region continue to grow in importance as the benchmark for global values, there is no doubt a higher CBOT wheat market still enables buyers to bid higher values to Aussie growers.

Canola sales continue to be chipped away at making up 5% of total trades last week. Growers continue to want better values than are publicly bid and buyers appear to be able to pay it for specific locations after crunching their numbers.

A bullish USDA acreage report on US soybeans released just before Easter may hopefully spark a lift in canola values this week. The USDA estimated US soybean and corn plantings this spring to be lower than the market was expecting. This may provide opportunity for growers still holding some canola to engage the market with their offer price and get some sales away. 

Have your offer in Clear Grain Exchange as sometimes you don't know what you don't know! There may be a buyer out there looking for your grade at your location and ready to buy it at your price if they know it is there.

Trade stats for last week:

• 18 buyers bought through CGX - more searching
• 17 grades traded
• 5 commodities traded - wheat, barley, canola, oats, sorghum
• 9 port zones traded around Australia
• 2 seasons traded - 17/18 and 16/17

See chart below from Profarmer's Morning Market Insights. The grey area depicts the value of nearby CBOT wheat futures in A$/t.



The USDA acreage report released just before Easter was considered bullish for soybeans - hopefully this has a flow-on affect to Aussie canola values.



Old season (16/17) grain continued to trade last week often attracting current season (17/18) values. For those holding old season grain CGX can be an effective way to sell that grain.

Below is a summary of trades on CGX last week, please follow the link to view trades in more detail. Note that if you can't find a trade or bid for your grain at your location, don't be disheartened - still offer your grain at your price as the offer draws out the bid and creates the trade opportunity!

Offering your grain can pull out a stronger bid!

Often we are seeing firm bids against offers at strong values relative to public bids however not quite at the levels growers are seeking with their offers.

Below is an example of such a case, the best public bid is $299.25 (as collected by Profarmer), the growers offer is $308. A buyer has seen this offer and has placed a firm bid of $305. This provides those growers the opportunity to hit those stronger bids if they are wanting to secure some cash or maintain their offer at those levels on the expectation of a future lift in values if they wish. 

Hence by having your grain on offer in CGX it creates the opportunity! 

There is no downside in offering your grain on CGX!

It’s free to register and free to offer your grain on Clear Grain Exchange. You can edit or cancel your offer at any time for free before it trades. 

A trade can only occur at the price you put on it (or higher), your offer is exposed to all buyers and if your grain trades you are protected by a secure settlement process that ensures you don't lose title of your grain until you are paid.

Therefore as long as you are happy with the price and amount of grain you put on offer, there is no downside in giving the exchange a go!

You can also authorise your trusted grain-marketing professional to act on your behalf on the exchange.

If you need help registering a Clear Grain Exchange account or offering your grain, please don’t hesitate to contact the team.

Connect with us....        

Strong demand for all grades of barley

Barley grades made up 49% of all grain traded last week. It didn't matter what grade of barley it was, barley was barley and hotly sort after by buyers particularly in eastern Australia where everyone is eagerly waiting for a break to the season.

This was providing opportunity for many growers holding malt barley grades to achieve the price targets they have been aiming for since harvest. Other growers were taking the view of holding onto some barley until they receive rain.

Canola made up 20% of all grain traded. Canola trades have been ticking along over recent weeks. International values have lifted from recent lows (refer charts below from Profarmer Australia) which has helped to lift bids of canola in many areas. "Trades" of canola on CGX have then often been at stronger values again compared to the best public bids on the day.



Wheat made up a smaller proportion than normal of overall trades last week which is indicative of a softening wheat market. Profarmer's chart below highlights the A$ impact of the recent selloff in CBOT wheat futures. Thankfully public bids for wheat in many areas of Australia have not decreased to anywhere near the same extent and trades are still happening at growers target prices.



Other opportunities included:

• Milling oats in WA - traded $250/t FIS in Albany port zone
• Lupins in WA - traded $320/t FIS in Kwinana port zone
• Sorghum in Qld and NSW - traded above $330/t track port equivalent
• 16/17 season grain is still trading sporadically at numbers close to 17/18 season

Trade stats for last week:

• 21 buyers bought through CGX - more searching
• 19 grades traded
• 7 commodities traded - wheat, barley, canola, faba beans, lupins, oats, sorghum
• 11 port zones traded across Australia
• 2 seasons traded - 17/18 and 16/17

Have your offer in the market as sometimes you don't know what you don't know! There may be a buyer out there looking for your grade at your location and ready to buy it at your price if they know it is there.

Below is a summary of trades on CGX last week, please follow the link to view trades in more detail. Note that if you can't find a trade or bid for your grain at your location, don't be disheartened - still offer your grain at your price as the offer draws out the bid and creates the trade opportunity!

Offering your grain can pull out a stronger bid!

Often we are seeing firm bids against offers at strong values relative to public bids however not quite at the levels growers are seeking with their offers.

Below is an example of such a case, the best public bid is $299.25 (as collected by Profarmer), the growers offer is $308. A buyer has seen this offer and has placed a firm bid of $305. This provides those growers the opportunity to hit those stronger bids if they are wanting to secure some cash or maintain their offer at those levels on the expectation of a future lift in values if they wish. 

Hence by having your grain on offer in CGX it creates the opportunity! 

There is no downside in offering your grain on CGX!

It’s free to register and free to offer your grain on Clear Grain Exchange. You can edit or cancel your offer at any time for free before it trades. 

A trade can only occur at the price you put on it (or higher), your offer is exposed to all buyers and if your grain trades you are protected by a secure settlement process that ensures you don't lose title of your grain until you are paid.

Therefore as long as you are happy with the price and amount of grain you put on offer, there is no downside in giving the exchange a go!

You can also authorise your trusted grain-marketing professional to act on your behalf on the exchange.

If you need help registering a Clear Grain Exchange account or offering your grain, please don’t hesitate to contact the team.

Connect with us....        

Demand for specific grades and locations

Buyers struggled to pay the prices growers were offering last week for many grades and locations as international values searched for direction and the market started to focus on Aussie prospects for a new crop break.

There was demand for specific grades and locations evident by parcels of grain trading at strong values, but the demand was flighty with buyers jumping in and paying up for what they were after and then retreating to the sidelines again.

Hence have your offer in the market as sometimes you don't know what you don't know! There may be a buyer out there looking for your grade at your location and ready to buy it at your price if they know it is there.

Trade stats for last week:

• 13 buyers bought through CGX - more searching
• 18 grades traded
• 6 commodities traded - wheat, barley, canola, faba beans, lupins, oats
• 8 port zones traded around Australia
• 2 seasons traded - 17/18 and 16/17

Last week CBOT wheat futures continued to grind lower without much new information to provide direction. This made it more difficult for Aussie buyers to pay prices growers were asking for their grain resulting in the bid-offer spread widening in many areas.

See chart below from Profarmer's Morning Market Insights. The grey area depicts the value of nearby CBOT wheat futures in A$/t.



Hence if growers are looking to sell in the short-term they may need to revise their offer prices lower to attract interest. However given many got sales away recently the majority of growers appear content to leave their offer prices where they are for now.

Canola made up 22% of all grain traded last week at strong values relative to the best public bid. Canola values are showing some volatility providing opportunity for growers.



The other dynamic influencing grain selling decisions is waiting for a new crop break. Many grain growing areas are dry and so farmers, particularly on the east coast, are happy to sit on grain until they receive some more certainty over new crop prospects. See map of rainfall deciles for the last 3 months below.



Old season (16/17) grain continued to trade last week often attracting current season (17/18) values. For those holding old season grain CGX can be an effective way to sell that grain.

Below is a summary of trades on CGX last week, please follow the link to view trades in more detail. Note that if you can't find a trade or bid for your grain at your location, don't be disheartened - still offer your grain at your price as the offer draws out the bid and creates the trade opportunity!

Offering your grain can pull out a stronger bid!

Often we are seeing firm bids against offers at strong values relative to public bids however not quite at the levels growers are seeking with their offers.

Below is an example of such a case, the best public bid is $299.25 (as collected by Profarmer), the growers offer is $308. A buyer has seen this offer and has placed a firm bid of $305. This provides those growers the opportunity to hit those stronger bids if they are wanting to secure some cash or maintain their offer at those levels on the expectation of a future lift in values if they wish. 

Hence by having your grain on offer in CGX it creates the opportunity! 

There is no downside in offering your grain on CGX!

It’s free to register and free to offer your grain on Clear Grain Exchange. You can edit or cancel your offer at any time for free before it trades. 

A trade can only occur at the price you put on it (or higher), your offer is exposed to all buyers and if your grain trades you are protected by a secure settlement process that ensures you don't lose title of your grain until you are paid.

Therefore as long as you are happy with the price and amount of grain you put on offer, there is no downside in giving the exchange a go!

You can also authorise your trusted grain-marketing professional to act on your behalf on the exchange.

If you need help registering a Clear Grain Exchange account or offering your grain, please don’t hesitate to contact the team.

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Breadth of trading remains encouraging for growers

Buyers remained interested in buying grain last week, however the drop in CBOT wheat futures in A$/t was inhibiting their ability to pay up to grower offer prices.

See chart below provided by independent analyst Profarmer - note the grey area plots the value of CBOT wheat futures in A$/t.



Last weeks trade activity on Clear Grain Exchange (CGX) was lower in terms of volumes versus the previous week however the breadth of trading remained encouraging for growers.

For example the number of buyers seeking grain and the variety of grades, commodities, locations trading last week remained wide.

Trade stats for last week:

• 20 buyers bought through CGX - more searching
• 19 grades traded
• 5 commodities traded - wheat, barley, canola, oats, sorghum
• 10 port zones traded around Australia
• 2 seasons traded - 17/18 and 16/17

There were pockets of very strong values trading through last week including oats in the west trading up to $250/t FIS Kwinana, canola trading strongly in Port Kembla and Melbourne, sorghum through Queensland and grades of wheat and barley also trading strongly versus the best public bid on the day

The chart below plots the best public price as collected by Profarmer versus actual trades on CGX last week for canola at Calleen in Port Kembla NSW as an example.



Old season (16/17) grain continued to trade last week often attracting current season (17/18) values. For those holding old season grain CGX can be an effective way to sell that grain.

Hence have your offer in the market as sometimes you don't know what you don't know! There may be a buyer out there looking for your grade at your location and ready to buy it at your price if they know it is there. 

Below is a summary of trades on CGX last week, please follow the link to view trades in more detail. Note that if you can't find a trade or bid for your grain at your location, don't be disheartened - still offer your grain at your price as the offer draws out the bid and creates the trade opportunity!

Offering your grain can pull out a stronger bid!

Often we are seeing firm bids against offers at strong values relative to public bids however not quite at the levels growers are seeking with their offers.

Below is an example of such a case, the best public bid is $299.25 (as collected by Profarmer), the growers offer is $308. A buyer has seen this offer and has placed a firm bid of $305. This provides those growers the opportunity to hit those stronger bids if they are wanting to secure some cash or maintain their offer at those levels on the expectation of a future lift in values if they wish. 

Hence by having your grain on offer in CGX it creates the opportunity! 

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There is no downside in offering your grain on CGX!

It’s free to register and free to offer your grain on Clear Grain Exchange. You can edit or cancel your offer at any time for free before it trades. 

A trade can only occur at the price you put on it (or higher), your offer is exposed to all buyers and if your grain trades you are protected by a secure settlement process that ensures you don't lose title of your grain until you are paid.

Therefore as long as you are happy with the price and amount of grain you put on offer, there is no downside in giving the exchange a go!

You can also authorise your trusted grain-marketing professional to act on your behalf on the exchange.

If you need help registering a Clear Grain Exchange account or offering your grain, please don’t hesitate to contact the team.

Wheat leads the charge in market rally!

Although wheat volumes amassed 55,684t, 25 different grades of wheat, barley, canola, oats, faba beans and sorghum traded on Clear Grain Exchange last week across 14 port zones.

This indicated there were opportunities for most grains, with growers who engaged the market being rewarded nationally. 31 different buyers bought grain on the exchange last week with plenty more bidding and searching for grain on offer.

APW1 and H2 made up 45% of the traded volumes. Parcel volumes ranged from 7 - 3,717 (mt).

The first real signs of volatility with CBOT hit the market this week with rises of $21 across Wednesday and Thursday before giving back $7 on Friday in A$/t (refer to chart from Profarmer's Morning Market Insights below). Cash and contract values did not reflect the full movements in CBOT last week however often trades on Clear Grain Exchange were going through well above the best public bids. 

What this means for sellers is that opportunities can be short lived and having a firm offer in the market gives you the best chance of not missing out.  

Offering your grain can pull out a stronger bid!

Often we are seeing firm bids against offers at strong values relative to public bids however not quite at the levels growers are seeking with their offers.

Below is an example of such a case, the best public bid is $299.25 (as collected by Profarmer), the growers offer is $308. A buyer has seen this offer and has placed a firm bid of $305. This provides those growers the opportunity to hit those stronger bids if they are wanting to secure some cash or maintain their offer at those levels on the expectation of a future lift in values if they wish. 

Hence by having your grain on offer in CGX it creates the opportunity! 




Please follow the link below to see trades on the exchange in more detail and note that if you can't find a trade or bid for your grain at your location, don't be disheartened - still offer your grain at your price as the offer draws out the bid and creates the trade opportunity! 

A summary of all trades last week is provided below.

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There is no downside in offering your grain on CGX!

It’s free to register and free to offer your grain on Clear Grain Exchange. You can edit or cancel your offer at any time for free before it trades. 

A trade can only occur at the price you put on it (or higher), your offer is exposed to all buyers and if your grain trades you are protected by a secure settlement process that ensures you don't lose title of your grain until you are paid.

Therefore as long as you are happy with the price and amount of grain you put on offer, there is no downside in giving the exchange a go!

You can also authorise your trusted grain-marketing professional to act on your behalf on the exchange.

If you need help registering a Clear Grain Exchange account or offering your grain, please don’t hesitate to contact the team.

Opportunity remains despite flatter offshore markets!

21 different grades of wheat, barley, canola and sorghum traded on Clear Grain Exchange last week across 9 port zones around Australia.

The breadth of grades and locations trading indicates there was opportunity for most grains, it's just a matter of getting it up on offer so buyers can see it and bid for it. 19 different buyers bought grain on the exchange last week with more bidding and searching for grain on offer.

ASW1 wheat was the predominant grade trading followed by SFW1 wheat, CAN1 canola and Feed barley.

It was good to see growers achieving their offer prices set in CGX despite CBOT wheat futures being relatively flat over the week before ending lower in Aussie dollar terms (refer chart below from independent analyst Profarmer).



Finally the canola market showed some life! Canola values have lifted from the lows in recent weeks to meet a number of growers offer prices which saw some growers get some canola sales away. Hopefully the trend in values can continue higher!



Barley values continued their strong trend last week although there may not be too much more barley left in growers hands given it made up a smaller portion of overall trades on the exchange last week. Saudi Arabia bought more barley last week.



So far this season across every tonne traded on CGX the average trade price has been $3.95/t above the best public bid on the same day as collected by leading independent analyst Profarmer. This compares with $4.40/t across 1.2 million tonnes traded last season.

This value is generated by growers being proactive and offering their grain at their price in an independent and secure exchange that encourages all buyers to buy grain direct from growers.

Please follow the link below to see trades on the exchange in more detail and note that if you can't find a trade or bid for your grain at your location, don't be disheartened - still offer your grain at your price as the offer draws out the bid and creates the trade opportunity! 

A summary of all trades last week is provided below.

Offering your grain can pull out a stronger bid!

Often we are seeing firm bids against offers at strong values relative to public bids however not quite at the levels growers are seeking with their offers.

This provides those growers the opportunity to hit those stronger bids if they are wanting to secure some cash or maintain their offer at those levels on the expectation of a future lift in values if they wish.

Hence by having your grain on offer in CGX it creates the opportunity! 

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There is no downside in offering your grain on CGX!

It’s free to register and free to offer your grain on Clear Grain Exchange. You can edit or cancel your offer at any time for free before it trades. 

A trade can only occur at the price you put on it (or higher), your offer is exposed to all buyers and if your grain trades you are protected by a secure settlement process that ensures you don't lose title of your grain until you are paid.

Therefore as long as you are happy with the price and amount of grain you put on offer, there is no downside in giving the exchange a go!

You can also authorise your trusted grain-marketing professional to act on your behalf on the exchange.

If you need help registering a Clear Grain Exchange account or offering your grain, please don’t hesitate to contact the team.

Liquidity on the increase as buyers and sellers engage!

Clear Grain Exchange traded 51,773t last week made up of 25 different grades across wheat, barley, canola, chickpeas, and lupins in 13 different port zones around Australia.

Importantly 29 different buyers bought grain on the exchange last week and more were bidding or searching for grain on offer. Below is a summary of the number of buyers by commodity last week and indicates a healthy level of buyer demand particularly in wheat.

• Wheat        26 buyers
• Barley        12 buyers
• Canola         4 buyers
• Chickpeas    1 buyer
• Lupins          3 buyers

More buyer engagement is a good thing for growers as it generally means there is some support in prices.

Last week CBOT wheat values in A$/t traded up and down to end the week relatively flat (refer chart from Profarmer's Morning Market Insights).



Despite CBOT wheat trading sideways last week many growers achieved their offer prices as buyers were looking for grain and were able to afford the price growers were asking.

See chart below providing an example - ASW1 in Kwinana WA was trading $270/t on Friday versus the best public bid of $264/t.



So far this season across every tonne traded on CGX the average trade price has been $3.95/t above the best public bid on the same day as collected by leading independent analyst Profarmer. This compares with $4.40/t across 1.2 million tonnes traded last season.

This value is generated by growers being proactive and offering their grain at their price in an independent and secure exchange that encourages all buyers to buy grain direct from growers.

If you don't have your grain on offer, buyers can't see it or try and buy it! Hence be proactive and create demand for your grain by offering on Clear Grain Exchange.

Please follow the link below to see trades on the exchange in more detail and note that if you can't find a trade or bid for your grain at your location, don't be disheartened - still offer your grain at your price as the offer draws out the bid and creates the trade opportunity! 

A summary of all trades last week is provided below.

Offering your grain can pull out a stronger bid!

Often we are seeing firm bids against offers at strong values relative to public bids however not quite at the levels growers are seeking with their offers.

This provides those growers the opportunity to hit those stronger bids if they are wanting to secure some cash or maintain their offer at those levels on the expectation of a future lift in values if they wish.

Hence by having your grain on offer in CGX it creates the opportunity! 

Follow us....        

There is no downside in offering your grain on CGX!

It’s free to register and free to offer your grain on Clear Grain Exchange. You can edit or cancel your offer at any time for free before it trades. 

A trade can only occur at the price you put on it (or higher), your offer is exposed to all buyers and if your grain trades you are protected by a secure settlement process that ensures you don't lose title of your grain until you are paid.

Therefore as long as you are happy with the price and amount of grain you put on offer, there is no downside in giving the exchange a go!

You can also authorise your trusted grain-marketing professional to act on your behalf on the exchange.

If you need help registering a Clear Grain Exchange account or offering your grain, please don’t hesitate to contact the team.