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Grain Report Friday - 8th December


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 last night including Winnipeg and Matif canola.

  • The market appears to be positioning itself for a bullish USDA World Supply and Demand guess tonight.

  • Chicago wheat has firmed 70 cents a bushel or AUD $40 per tonne since the start of December.


  • The Brazilian Ministry of Ag public company CONAB has updated the Brazilian corn crop forecast down slightly to 118.53 million tonnes.

  • The Yanks have it at 129 million in their guess last month, so surely, they shave a bit off this Brazilian crop.

  • CONAB dropped the Brazilian soybean crop 2 million tonnes to 160 million tonnes which is 3 million below the USDA guess.


  • The Egyptians held 2 tenders this week.

  • The first tender they paid USD $250 FOB (Free on Board) ex-Russia at 270 payment terms.

  • Last night they bought 400,000 tonnes at USD $265 FOB ex the Ruskies with same long payment terms.


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