Grain Report Monday- 11th August
- Clear Grain Exchange
- Aug 11
- 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.
Grain markets bounced around recent lows kept in check by expectations of ample supply amid signs that low prices are leading to an uptick in demand.
New-crop wheat on a multigrade contract has fallen $30-$40/t in recent weeks, dropping the bid at remote warehouse sites like Walgett to $275/t. But northern growers (who hold grain stocks) are well cashed up following several good years and will be in no hurry to quit at current price levels, understanding how quickly the season can change.
Southern growers would be doing the sums on baling crops given empty hay sheds and at current favourable hay vs grain prices.
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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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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