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Grain Report Friday- 1st August


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.



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Chart including Wheat CBOT prices, Wheat Black Sea prices, Canola ICE prices and Canola MATIF prices

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Dominic Hogan Outlook commodities comments

Nothing new with grains trading either side of multi-month lows as large harvests bear down and demand remains routine.


The local market will be looking to reset next week with changes in the local S/D following recent rainfall. Crops in the north and west are getting larger whilst the southern crop remains in the balance with follow-up rain and a mild temperature required. Grazier stockfeed requirements are now falling, however, expect a record amount of domestic consumption from the feeding sector at current grain and meat protein prices.


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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If you have any queries, we're always here to help!

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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