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Grain Report Monday- 21st July


Market Almost Open - CGX daily report

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.



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Chart including Wheat CBOT prices, Wheat Black Sea prices, Canola ICE prices and Canola MATIF prices

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Dominic Hogan Outlook commodities comments

Grain futures rose on concerns about a heatwave affecting corn and soybeans yields.

 

Temperatures will increase across the US corn belt starting next week. Some heat stress is possible in southwestern areas but probably not across the heart of the belt.


I can’t see local grain markets doing much until this next rainfall system comes through.


For further market commentary please contact the CGX team on 1800 000 410


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Call 1800 000 410 or Email support@cgx.com.au

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