Highlights

• Barley values recovering from the panic - barley made up 66% of all grain traded on CGX last week at higher values than best public bids.
• Grain is trading at better values than publicly advertised - 17 grades traded last week indicting there is demand for all grain quality.
• AG Store (Watson's) sites now on CGX - You can now offer your grain at your price at AG Store sites on CGX with anonymity and secure settlement.

Trade stats for last week

• 13 buyers bought through CGX - more searching
• 17 grades traded
• 4 commodities traded - wheat, canola, barley, oats
• 10 port zones traded around Australia
• 2 seasons traded - 18/19, 17/18

Barley made up 66% of all grain traded on the exchange last week as values recover from the emotional roller-coaster that saw best public bids as low as $285/t FIS for feed barley in Kwinana and $280/t Port Adelaide equivalent at sites in the Port Adelaide zone.

Feed barley values have been under pressure since the headers got rolling and were sent into a tailspin when the Chinese announced an anti-dumping investigation early last week. However values have been recovering with Kwinana feed barley trading up to $315.60/t FIS last week with some volume behind it - the best public bid got as high as a $310/t last week.

Hence if growers are looking to sell, there is better value out there than the best advertised bids. So offer at your price and let all buyers see it so they can crunch their numbers and try to purchase it.

See chart below of the best public bid for feed barley in Kwinana as collected by Profarmer. Trades on the exchange have consistently been better than public bids advertised.



Malt barley grades were also getting attention with Bass, Latrobe and Spartacus all trading at strong values.

Wheat grades were also trading at strong numbers (see chart below) along with canola and oats. 17 grades traded in total last week indicating there is demand for your grain regardless of quality.





No matter what grade you have or location you deliver to - offer it at the price you want so all buyers can see it and try and make it work to buy it! You are protected by anonymity and secure settlement so no price is a silly price!

Offering your grain at your price helps create demand, and return value at the farm-gate.

See summary charts of last weeks trades below. If you would like more detail on what has traded please click the recent trades link below or feel free to call the CGX team or your Authorised Agent.





Harvest progress
CBH in the west reported 4,855,000t had been received on 23 November, Viterra in SA reported 1,352,149t had been delivered on 18 November, and GrainCorp had received 672,000t of harvest deliveries on 26 November and a further 239,000t had been received into the GrainCorp network via transhipments from other parts of Australia.

AG Store (Watsons) storage sites now live on CGX!

If you deliver grain to an AG Store site you can now access Clear Grain Exchange to sell your grain. 

AG Store has sites at Lascelles, Marnoo and Ouyen in Victoria and prides itself on having a can do attitude with no customer too small or too large.  

Growers using AG Store sites can now offer their grain at their price on CGX and make it visible to all buyers whilst being protected by anonymity and secure settlement.

Storage providers registered with CGX

• AG Store Pty Ltd
• AWB Grainflow Pty Ltd
• Boort Grain Cooperative Ltd
• CHS Broadbent Pty Ltd
• CK Tremlett Pty Ltd
• Co-Operative Bulk Handling (CBH)
• GrainCorp Operations Limited
• Northern Riverina Grains Pty Ltd
• Pearsons Grain Pty Ltd
• Shannon Bros
• Southern Grain Pty Ltd
• Universal Commodity Management
• Viterra Operations Pty Ltd

Manage your offers and sales better in GrainFlow

You can now sync your warehoused grain information at GrainFlow storage sites with your Clear Grain Exchange (CGX) account by simply completing the online authority process pop up form when you next log in to cleargrain.com.au.
 
What are the advantages of syncing my stock information with my CGX account?

1. Seamless confirmation of your tonnes in warehouse before placing an offer on CGX. This ensures your offer quantity exactly matches the tonnes in warehouse. (e.g. 211.46mt of H2 wheat at Birchip GrainFlow).
2. Notifications of any trade opportunities in CGX specific to you.

Can I still use my CGX account to sell my grain if I don’t sync my stock information?

Yes, you can still offer and sell your grain with CGX; you simply won’t be able to view your current grain in warehouse at the time you create an offer. Please remember that if your grain sells a legally binding contract is created, hence syncing your stock information helps to avoid any errors.



If you do not see the online authority form when you next log in to cleargrain.com.au you can manage your storage providers by clicking on "My Storage Providers" or by calling 1800 000 410.

There is no downside in offering your grain on CGX!

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 CGX team on the details below or your Authorised grain marketing professional.

Connect with us....        

Did you know you can offer new season grain on CGX?

Clear Grain Exchange allows sellers the ability to secure a target price today for grain they are going to deliver in the future.

It's easy to create, edit and cancel forward offers in real time, free of any charges, ensuring you remain in control. Offers in the market are viewable to the approved buyers on CGX.

If a buyer matches your forward offer, CGX will notify you via SMS and email so you can simply accept or decline the buyers grade spreads for any multi grade contract within a 2 hour window. If you approve, a contract will be automatically generated.

For any fixed grade contracts, acceptance and contract generation will be automatic.

Highlights

• 14 buyers bought through CGX last week - old crop grain remains hotly sought after with plenty of buyers searching and bidding. 
• Your offer creates selling opportunities - tonnes traded on CGX this season have averaged $5.64/t above the best public bid on the day.  
• There's no downside in offering - it's free to offer, you can edit your offer at anytime before it trades, you're protected by anonymity and secure settlement.

Trade stats for last week

• 14 buyers bought through CGX - more searching
• 14 grades traded
• 3 commodities traded - wheat, canola, barley
• 9 port zones traded around Australia
• 1 season traded - 17/18

Grain offers keenly sought after

14 buyers bought grain through CGX last week with more searching for any grain on offer.

This often resulted in either grain trading or strong firm bids against grain parcels on offer, well in excess of any public bids.

If there was a strong firm bid against offers, growers could decide whether to adjust their offer price and sell at the strong firm bid. Or wait in expectation that the bid will eventually match their offer.

Either way the firm offer has done it's job in attracting the best "real" bid for the grain.

Tonnes traded on CGX have averaged 5.64/t above the best public bid on the day (both cash and contract bids) for the same grade and location this season, as collected by leading independent market analyst Profarmer.

See below examples of trades last week versus the best "public" bid (provided by Profarmer).







Wheat made up 43% of all tonnes traded last week, canola 33% and barley 5%.

No matter what grain you have, if you have a price in mind you would sell it for, offer it on the exchange so buyers can see it, crunch their numbers, and try and make it work. You are protected by anonymity and secure settlement so no price is a silly price!

If you would like more detail on what has traded please click the recent trades link below or feel free to call the CGX team or your Authorised Agent.

Did you know you can offer new season grain on CGX?

Clear Grain Exchange allows sellers the ability to secure a target price today for grain they are going to deliver in the future.

It's easy to create, edit and cancel forward offers in real time, free of any charges, ensuring you remain in control. Offers in the market are viewable to the approved buyers on CGX.

If a buyer matches your forward offer, CGX will notify you via SMS and email so you can simply accept or decline the buyers grade spreads for any multi grade contract within a 2 hour window. If you approve, a contract will be automatically generated.

For any fixed grade contracts, acceptance and contract generation will be automatic.

Connect with 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 CGX team on the details below or your Authorised grain marketing professional.

Highlights

• Gap between trades and public bids is widening - trades occurring at or near recent highs despite some volatility in public bids. 
• Offers on CGX attract strong bids - buyers continue to look and are willing to put their best foot forward in trying to purchase grain.  
• There's no downside in offering - it's free to offer, you can edit your offer at anytime before it trades, you're protected by anonymity and secure settlement.

Pricing difficult

Trade stats for last week:

• 10 buyers bought through CGX - more searching
• 9 grades traded
• 3 commodities traded - wheat, canola, barley
• 6 port zones traded around Australia
• 1 season traded - 17/18

Old crop grain values continued to struggle for price discovery. Public bids are volatile from one day to the next, yet trade values remain relatively consistent at or near recent highs - albeit with much less volume trading.

The USDA WASDE report released last week was more bearish than everyone anticipated continuing that market on its downward trend. This is pressuring Aussie cash bids lower, however crop conditions in Eastern Australia is propping Aussie grain values back up.



See below examples of trades last week versus the best public bid (provided by Profarmer).






Less and less supply of old crop grain is having an impact with fewer offers in the market making it more difficult for buyers to find grain.

Many firm offers that did not trade last week were attracting healthy bids relative to the best cash or contract bid advertised on the day.

Hence this indicates buyers continue to look and are willing to put their best foot forward in trying to purchase the grain. Growers have the opportunity to either adjust their offer and match the bid to trade or leave it where it is if they are not in a hurry to sell or think the market will reach their offer price in the future.

This activity was happening across many grades and locations last week. Trades were made up of wheat 67%, canola 29% and barley 4%.





No matter what grain you have, if you have a price in mind you would sell it for, offer it on the exchange so buyers can see it, crunch their numbers, and try and make it work. You are protected by anonymity and secure settlement so no price is a silly price!

If you would like more detail on what has traded please click the recent trades link below or feel free to call the CGX team or your Authorised Agent.

Did you know you can offer new season grain on CGX?

Clear Grain Exchange allows sellers the ability to secure a target price today for grain they are going to deliver in the future.

It's easy to create, edit and cancel forward offers in real time, free of any charges, ensuring you remain in control. Offers in the market are viewable to the approved buyers on CGX.

If a buyer matches your forward offer, CGX will notify you via SMS and email so you can simply accept or decline the buyers grade spreads for any multi grade contract within a 2 hour window. If you approve, a contract will be automatically generated.

For any fixed grade contracts, acceptance and contract generation will be automatic.

Connect with 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 CGX team on the details below or your Authorised grain marketing professional.

Highlights

• Gap between trades and public bids is widening - trades occurring at or near recent highs despite some volatility in public bids. 
• Offers on CGX attract strong bids - buyers continue to look and are willing to put their best foot forward in trying to purchase grain.  
• There's no downside in offering - it's free to offer, you can edit your offer at anytime before it trades, you're protected by anonymity and secure settlement.

The gap between trades and public bids is widening

Trade stats for last week:

• 11 buyers bought through CGX - more searching
• 12 grades traded
• 5 commodities traded - wheat, canola, barley, oats, peas
• 6 port zones traded around Australia
• 1 season traded - 17/18

Old crop grain values continued to struggle for price discovery. Public bids are seeing significant volatility from one day to the next, yet trade values remain relatively consistent at or near recent highs - albeit with much less volume trading.

This is particularly true in the west where bids in the export focused market are being pulled lower by weakening CBOT wheat futures, only to be propped back up again by a trade as east coast buyers contemplate dry conditions and resolve to purchase more in WA.

See below examples of trades last week versus the best public bid (provided by Profarmer). Note the volatility in public bids in Western Australia versus the eastern Australia.





Less and less supply of old crop grain is having an impact with fewer offers in the market making it more difficult for buyers to find grain.

Many firm offers that did not trade last week were attracting healthy bids relative to the best cash or contract bid advertised on the day.

Hence this indicates buyers continue to look and are willing to put their best foot forward in trying to purchase the grain. Growers have the opportunity to either adjust their offer and match the bid to trade or leave it where it is if they are not in a hurry to sell or think the market will reach their offer price in the future.

This activity was happening across many grades and locations last week. Trades were made up of wheat 58%, canola 38%, barley 2% and oats and peas 1% a piece.

Canola was generating interest and traded in all southern states of Victoria, South Australia and Western Australia, including GM canola in both Victoria and WA.





No matter what grain you have, if you have a price in mind you would sell it for, offer it on the exchange so buyers can see it, crunch their numbers, and try and make it work. You are protected by anonymity and secure settlement so no price is a silly price!

If you would like more detail on what has traded please click the recent trades link below or feel free to call the CGX team or your Authorised Agent.

Did you know you can offer new season grain on CGX?

Clear Grain Exchange allows sellers the ability to secure a target price today for grain they are going to deliver in the future.

It's easy to create, edit and cancel forward offers in real time, free of any charges, ensuring you remain in control. Offers in the market are viewable to the approved buyers on CGX.

If a buyer matches your forward offer, CGX will notify you via SMS and email so you can simply accept or decline the buyers grade spreads for any multi grade contract within a 2 hour window. If you approve, a contract will be automatically generated.

For any fixed grade contracts, acceptance and contract generation will be automatic.

Connect with 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.

Highlights

• Wheat dominated trading last week - sellers remained firm on offer prices near recent highs, buyers managed volatile CBOT wheat and rain forecasts. 
• Offers on CGX were attracting strong bids - the fact offers were pulling out firm bids above the best public bid suggests buyers remain engaged.  
• There's no downside in offering - it's free to offer, you can edit your offer at anytime before it trades, you're protected by anonymity and secure settlement.

Buyers and Sellers at odds on grain values

Trade stats for last week:

• 8 buyers bought through CGX - more searching
• 9 grades traded
• 3 commodities traded - wheat, canola, barley
• 6 port zones traded around Australia
• 1 season traded - 17/18

Wheat dominated relatively sparse trading on Clear Grain Exchange last week as buyers and sellers appeared to be at odds on values in many areas.

Sellers remained firm on their offer prices at or near recent highs whilst buyers were trying to manage a volatile CBOT wheat market and hoping for rain to eventuate in some parts of the east coast.

Offers were attracting healthy bids relative to the best cash or contract bid advertised on the day however both parties were generally happy to sit and wait rather than revise their price to trade.

The fact offers were pulling out firm bids above the best public bid suggests buyers remain engaged and willing to look at all parcels to try and make them work if they can.

No matter what grain you have, if you have a price in mind you would sell it for, offer it on the exchange so buyers can see it, crunch their numbers, and try and make it work. You are protected by anonymity and secure settlement so no price is a silly price!

Please see charts below for your interest. If you would like more detail on what has traded please click the recent trades link or feel free to call the CGX team or your Authorised Agent.

There has been significant volatility in public bids for wheat in Western Australia recently. This may be on the back of eastern states buyers, which have helped push values higher in the west, getting a better handle on the east coast crop and/or hoping for some rain.

Having said that firm offers are still attracting interest as evidenced by the below trades last week. 



There has been much less volatility in public bids in eastern Australia compared to WA.



Profarmer's morning market insights report shows volatility in CBOT wheat futures last week.



Thankfully the Aussie dollar has been weakening helping the value of Aussie grain.



BOM report some rain received in dry areas of Eastern Australia in August...... there needs to be plenty more!


Wheat dominated trade volumes last week.




WA continues to have buyers looking to source grain. WA trades continue to make up a higher proportion of all trades on CGX.



Forward sales

Engagement in forward contracting for 18/19 season continues to lift in the west in particular but also in some areas of SA and Victoria where this year's crop prospects are reasonable. Buyers are keeping an eye on this market and trades have occurred as they look to secure new season crop when it works.

Did you know you can offer new season grain on CGX?

Clear Grain Exchange allows sellers the ability to secure a target price today for grain they are going to deliver in the future.

It's easy to create, edit and cancel forward offers in real time, free of any charges, ensuring you remain in control. Offers in the market are viewable to the approved buyers on CGX.

If a buyer matches your forward offer, CGX will notify you via SMS and email so you can simply accept or decline the buyers grade spreads for any multi grade contract within a 2 hour window. If you approve, a contract will be automatically generated.

For any fixed grade contracts, acceptance and contract generation will be automatic.

Connect with 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.

Highlights

• Canola made up 44% of all trades - buyers remained keen to secure canola last week with trades going through well in excess of public bids. 
• Cereal demand cooled - lower CBOT wheat after a bearish USDA report saw buyers more cautious last week although CBOT is up to start this week.  
• There's no downside in offering - you set the price and buyers are eager to search for your grain parcels, crunch their numbers and try to buy. 

Canola in demand - cereal demand cooled a little

Trade stats for last week:

• 10 buyers bought through CGX - more searching
• 9 grades traded
• 5 commodities traded - wheat, canola, barley, lentils, sorghum
• 9 port zones traded around Australia
• 1 season traded - 17/18

Generally buyers were a little more cautious on purchasing cereal grains last week as compared to the hotly contested demand of weeks prior. Canola demand remained strong however with growers achieving their offer prices.

The more subdued tone for cereals was likely on the back of a correction lower in CBOT wheat futures after the relatively bearish USDA report. Although the USDA did have the Aussie 18/19 wheat crop at 22 million tonne - so you can make your own assumptions.....

The market took a little time to digest it, and a correction was on the cards after a strong run higher, however Profarmer report a strong lift in CBOT wheat futures over the weekend which may help create some engagement from buyers to meet grower offer prices this week.



The market is the market and growers can only control what they can control and that is your offer price.

No matter what grain you have, if you have a price in mind you would sell it for, offer it on the exchange so buyers can see it, crunch their numbers, and try and make it work. You are protected by anonymity and secure settlement so no price is a silly price!

The grain that did trade last week was dominated by wheat and canola making up 48% and 44% of all trades respectively. This reflects the commodities on offer with less and less barley and other grains offered for sale.




Canola values pushed higher and growers were able to achieve well in excess of public bids for grain on offer. Example below.



Whilst the market was more subdued for cereals, trades were still occurring as buyers continued to search for any parcels on offer they could make work. Example below.



The majority of trades occurred in Victoria last week as compared with a high proportion in Western Australia the weeks prior as east coast users search to cover future requirements.



Forward offers increase on CGX
 
Forward offer volumes continue to increase. Forward offer volumes of 18/19 and 19/20 APW1 Multi grade, Feed Barley fixed grade and Lupin fixed grade have been building up in recent weeks in Western Australia resulting in an increase in trading activity. 

See example below to view the forward market by selecting "Forward" in the market type within the "All offers" market page. 



For more information on the forward market click HERE.

Did you know you can offer new season grain on CGX?

Clear Grain Exchange allows sellers the ability to secure a target price today for grain they are going to deliver in the future.

It's easy to create, edit and cancel forward offers in real time, free of any charges, ensuring you remain in control. Offers in the market are viewable to the approved buyers on CGX.

If a buyer matches your forward offer, CGX will notify you via SMS and email so you can simply accept or decline the buyers grade spreads for any multi grade contract within a 2 hour window. If you approve, a contract will be automatically generated.

For any fixed grade contracts, acceptance and contract generation will be automatic.

Connect with 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.

Highlights

• 19 buyers bought through CGX last week - if buyers don't know your grain exists, they can't bid for it! Your offer creates demand.
• Canola had some heat under it - plenty of buyer interest in canola last week making up 32% of all grain traded.  
• There's no downside in offering - you set the price and buyers are eager to search for your grain parcels, crunch their numbers and try to buy. 

19 buyers and 23 grades traded across 4 commodities

Trade stats for last week:

• 19 buyers bought through CGX - more searching
• 23 grades traded
• 4 commodities traded - wheat, barley, canola, lentils
• 12 port zones traded around Australia
• 2 seasons traded - 17/18, 16/17

Buyers remained eager to accumulate grain last week ahead of the USDA report released on Friday night.

Unfortunately the USDA report was bearish pushing international futures markets lower on Friday night. Although it will be interesting to see if this has any impact on Aussie grain values given the domestic focus.

Western Australia continues to make up a large proportion of grain trading on the exchange as buyers look to get some cover for the dryer areas of Eastern Australia. Warehoused grain through Victoria was also trading as bids met the prices on offer.



 H2 wheat at Boort (GNC) traded at $395 last week - well in excess of advertised public bids


Wheat made up 63% of all grain traded on Clear Grain Exchange last week, canola was a high proportion at 32%, barley and lentils were 4% and 1% respectively.



Canola attracted plenty of interest by buyers last week trading across 6 port zones from Kwinana in WA to Port Kembla in NSW. Buyers were chasing all grades with CAN, CANG (GM canola) and CAN EU (EU sustainable) canola all trading.

17/18 Canola at Oaklands (GNC) traded up to $556.26/t - well in excess of advertised public bids


In many areas grain is grain with many grades trading as users are eager to look at anything that can help them get through. 

No matter what grain you have, if you have a price in mind you would sell it for, offer it on the exchange so buyers can see it, crunch their numbers, and try and make it work. You are protected by anonymity and secure settlement so no price is a silly price!



Forward offers increase on CGX
 
Forward offer volumes continue to increase. Forward offer volumes of 18/19 and 19/20 APW1 Multi grade, Feed Barley fixed grade and Lupin fixed grade offers have been building up in recent weeks in Western Australia resulting in an increase in trading activity. 

WA forward offer volumes are a testament to "More grain on offer helps to generate more buyer demand". If buyers don't know your grain exists, they can't bid for it! So far this year 22 different buyers have bought grain in WA alone!

See example below to view the forward market by selecting "Forward" in the market type within the "All offers" market page. 



For more information on the forward market click HERE.

Did you know you can offer new season grain on CGX?

Clear Grain Exchange allows sellers the ability to secure a target price today for grain they are going to deliver in the future.

It's easy to create, edit and cancel forward offers in real time, free of any charges, ensuring you remain in control. Offers in the market are viewable to the approved buyers on CGX.

If a buyer matches your forward offer, CGX will notify you via SMS and email so you can simply accept or decline the buyers grade spreads for any multi grade contract within a 2 hour window. If you approve, a contract will be automatically generated.

For any fixed grade contracts, acceptance and contract generation will be automatic.

Connect with 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.

Highlights

• Grain remains in hot demand - buyers are eager to search for grain parcels on offer, crunch their numbers and try to buy. 
• 2018/19 season grain also gaining interest - offers of new season grain are increasing in the west and tonnes are trading at their price.
• Tonnes traded averaged $5.20/t above public bids this season - if buyers don't know your grain exists, they can't bid for it! Your offer creates demand.

Demand for grain remains hot

Trade stats for last week:

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

Buyers continued to hunt for grain last week despite many attending the Australian Grain Industry Conference in Melbourne.

The footprint for purchasing grain continues to spread with more grain being sourced from the west and eastern southern zones to service east coast demand in dry areas. WA ports made up 50% of all grain traded last week.



The west is becoming a more attractive origin to source grain for the dry areas of Eastern Australia with relatively sharp execution costs and a friendly supply chain operator.

This is flowing into activity on new crop (2018/19 season grain) in the west as growers start to list more parcels for sale at the price they want and buyers look to secure grain for future use.

Kwinana, Albany and Esperance port zones all traded at strong numbers relative to the best public bid advertised on the day last week - see below example

17/18 Kwinana ASW1 wheat traded up to $340/t FIS last week despite the best public bid reaching just $333/t.



Wheat made up 75% of all grain traded on Clear Grain Exchange last week, canola 13%, barley 9%, sorghum and lupins made up 3% combined. In many areas grain is grain with many grades trading as feed users are eager to look at anything that can help them get through.




No matter what grade you have, if you have a price in mind you would sell it for, offer it on the exchange so buyers can see it, crunch their numbers, and try and make it work. You are protected by anonymity and secure settlement so no price is a silly price!

So far this season tonnes traded on Clear Grain Exchange have averaged $5.20/t above the best public bid as collected by leading independent market analyst Profarmer.

See example below of feed barley 17/18 trading at Charlton more than $20/t above the best public bids in the area.



More grain on offer helps to generate more buyer demand. If buyers don't know your grain exists, they can't bid for it! 

Forward sales increase on CGX
 
Last week saw a huge increase in forward sales on CGX. Forward offer volumes of 18/19 and 19/20 APW1 Multi grade, Feed Barley fixed grade and Lupin fixed grade offers have been building up in recent weeks in Western Australia. 
 
Offer volumes were enough to increase buyer participation in the forward market which resulted in trades for both 18/19 and 19/20 APW1 multi grade wheat in Kwinana trading up to $350/t.

WA forward offer volumes are a testament to "More grain on offer helps to generate more buyer demand".

See example below to view the forward market by selecting "Forward" in the market type within the "All offers" market page. 



For more information on the forward market click HERE.

Did you know you can offer new season grain on CGX?

Clear Grain Exchange allows sellers the ability to secure a target price today for grain they are going to deliver in the future.

It's easy to create, edit and cancel forward offers in real time, free of any charges, ensuring you remain in control. Offers in the market are viewable to the approved buyers on CGX.

If a buyer matches your forward offer, CGX will notify you via SMS and email so you can simply accept or decline the buyers grade spreads for any multi grade contract within a 2 hour window. If you approve, a contract will be automatically generated.

For any fixed grade contracts, acceptance and contract generation will be automatic.

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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.