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Grain Report Friday - 05th May

What price do you want for your grain?

Overnight moves in international markets and yesterday's actual traded prices across Australia are below to help you determine your price. 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

Grain trade prices for Australia Grain (wheat, barley, Sorghum, Lupins, Canola, Faba Beans, Oats, Chickpeas and lentils)

Look Out!

Elvis has not left the building, he has just walked back on stage, but with a lot more swagger this time.

“Thank you, thank you, thank you very much”.

I am no longer a busker, on the sidewalk of life, hoping someone will throw a buck or 2 into my hat for my words of wisdom. And just like growers who use Clear Grain Exchange, I took my own advice and decided to list my reports, naming my price for my time, experience, wit (without an F in front) and insightfulness.

I have come back to write on the big stage, and I will sing like a galah whilst the markets want to hear me squawk.

And the great news is, you can tap into my brain for less the cost of 2 schooners at the pub, a measly $12 per month (+GST!). That’s not much more than 50 cents per day. When I was a young fella on the farm, we used to sell chaff bags of horse poo for 50 cents, which is like my reports, although my reports probably have more male cow poo in them than horse poo.

However, I digress. If 50 cents a day is too much, you can go to the pub and ask your mate Goose what he thinks about the market. By the time you've both had a few beers and spent more than $12, you will have confirmed your existing view; the market is going up and everyone else doesn’t have a clue.

Or you could tap into a self-proclaimed expert who grew up on a grain farm, ran a local silo in his uni holidays, lived with the Gypos in the Pyramids for a couple of years, managed the Middle Eastern markets, broke the single desk, traded commodities for stock feed companies for over 10 years and now runs his own commodity business.

Also, as you know, my reports are not the standard vanilla ones that tell you nothing, just regurgitating what has happened in the market. I will still regurgitate, but I will then shift the carrots to the side to give you my view, which is not advice. It’s what I think. What you do with it is your choice, but remember, gamble responsibly.

Finally, if you really want to know how good I am, just check out the Clear Grain Exchange Footy Tipping ladder, the only true forecasting brilliance barometer. Hence, unless Sam Reichstein or Otwaypanther can provide you with market updates and insights, I am “da man”. Did somebody say, “pump up your own tyres?”

So, if you wish to give up 1 pint a month; hang on, that’s stupid marketing! Let me try again. So, if you wish to give up 2 bottles of water per month, and you want to receive my commentary click on the link below to opt in. Do it for a month, you have bugger all to lose.

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