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Grain Report Monday - 12th February

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 mixed on Friday night, with Chicago wheat up and the row crops, corn and soybeans off.

  • Canadian Canola softened fell CAD $7.30  (AUD $8.31), but Matif was up EU $4.75 (AUD $7.85).

  • I’m sorry, I was going to do a report on canola today, but I got sidetracked looking at world wheat supply and demand.

  • I think I have found a problem, but don’t tell anyone.

  • There is a bearish undertone in the markets with lack of demand and large global supplies being cited as the cause.

  • If we look at the wheat balance sheet.....

To read more, subscribe to Outlook Commodities Morning Commentary

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