Grain Report Friday - 4th July
- Clear Grain Exchange
- 5 days ago
- 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.
US corn and soybean futures firmed on Thursday on short covering and positioning ahead of the Independence Day holiday weekend and a speech by Trump in farm-state Iowa tomorrow. Gains were limited by hefty South American supplies and strong US harvest prospects amid largely favourable weather across the Midwest.
Domestic market is in a standoff. Northern growers want to sell and consumers are looking to extend but growers are not interested at current bids which are around $340/t Downs for wheat and $330/t Downs. Melbourne still showing a premium with concerns about the southern crop at $375/t for wheat and $360/t for barley with season keeping grower sellers at bay.
For further market commentary please contact the CGX team on 1800 000 410
CGX now operates igrainX 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