Grain Report Monday- 18th August
- Clear Grain Exchange
- Aug 18
- 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.
Grains firmed a little heading into the weekend on short covering by traders ahead of the start of the well followed ProFarmer crop tour.
There is some thought that best case yield scenario’s are already embedded in US prices with some upside risk if yields disappoint, given strong early season US corn demand.
Nothing much has changed albeit that the Australian crop continues to build production potential with key risk remaining in the south. There is still a wide difference between the bid/offer which is limiting liquidity and growers aren’t keen to take on production/quality risk given the lack of incentive.
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
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