Grain Report Friday - 25th August
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.
Look Out!
Wheat and corn markets were off last night and Wear Ya Beans were up slightly.
Not much happening in the world markets as the Yanks finish their crop tours.
It is hot and dry in the US which could drop corn and bean yields.
Europe is reducing all their production forecasts for wheat, barley, canola, and maize crops.
There is no real market reaction to the Russian plane crash killing the Wagner boss or the drone attacks on Ukrainian port facilities on the Danube river.
According to the market, these incidents are like water off a ducks back.
Reports Hokey Pokey is setting minimum floor prices for Russian wheat, with separate prices for private sales and public tenders.
No change to the original floors with September at USD $260 FOB (Free on board) for privates and USD $270 for tenders.
However, these floors are moved up USD $10 for November and December sales, to USD $270 and USD $280 FOB.
By subscribing to the Outlook Commodities Content you agree to CGX Subscriptions terms and conditions
CGX now own and operate the igrain market for grain stored on-farm
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
Comments