Grain Report Friday - 19th September
- lindenstevens
- Sep 19
- 1 min read
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.
Wheat fell on profit-taking, spillover weakness from the corn and soybean pit and forecasts for rains beneficial for winter wheat planting.
Forecasts are for more showers to recharge soil moisture in the Southern Plains, bolstering production prospects as farmers start to plant the 2026 winter wheat crop.
Wheat was slightly firmer in European markets on ideas that Russian wheat prices may be steadying after falling for the past month.
BOM forecast is getting wetter 15-50mm for south-east SA, southern, central and north-east VIC and parts of the Riverina, central and northern NSW and southern QLD. Most of SA, Vic and NSW should receive 5-10mm except for SA/VIC Mallee.
$A lower at 66.2USc on $US strength as US Fed Reserve plots a conservative path on US rates. That’s a mix of hope and doom to ponder over the weekend….the future is as clear as mud (as reflected in current pricing uncertainty….markets want to sell off, but they are not sure), relax and enjoy the footy.
For further market commentary please contact the CGX team on 1800 000 410
CGX now operates igrainX for grain stored on-farm
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Please give us a call or email if you have any questions.
Call 1800 000 410 or Email support@cgx.com.au
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