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Grain Report Friday - 3rd May

Market Almost Open - CGX daily report

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.

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

Grain trade prices for Australia Grain (wheat, barley, Sorghum, Lupins, Canola, Faba Beans, Oats, Chickpeas and lentils)

Dominic Hogan Outlook commodities comments

Look Out!

  • Markets all up solidly last night.

  • There are a few weather events impacting wheat and bean crop production.

  • Reports now that it is too wet in France reducing their wheat crop.

  • Too dry in Southern Russia and the May forecast remains dry. 

  • This is a game changer if the dryness continues.

  • Some Hanrahan’s are starting to pencil in a crop closer to 80 million tonnes, which might be a little bit pessimistic or optimistic depending on whether you’re a buyer or grower.

  • I think analysts will.....

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