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Grain Report Friday - 13th June


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

Wheat was steady on improving northern hemisphere crop conditions as harvest advances and the USDA kept its estimate for wheat production steady. The market will now wait on US weekly export sales data to see if there has been any lift in demand generated from recent price falls.



Canadian canola futures jumped 2% as dry soils across western Canada are making farmers hesitant to make forward sales. Canola rose against the general trend in oilseeds where the industry is worried about what Trump is going to do on US biodiesel mandates.


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


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