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Grain Report Friday - 23rd May


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

Grains took a step backwards last night as the $US strengthened to consolidate the gains of the past few sessions. There was little new fundamental news with crop concerns remaining in key areas enough to see markets build in a little risk buffer.



Production concerns in key wheat producing areas of Chinese or Russian and a ping higher in US exports have forced a rethink on values.


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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