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Grain Report Monday - 26th May


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

US markets are closed tonight for Memorial Day holiday, so grain markets will be looking towards Europe for a lead. Ultra-competitive Black Sea new crop wheat quotes will see global importers look past some emerging new crop production issues. We need to see China step into the market to change sentiment.

 

Global wheat futures prices have consolidated at higher levels after a rally on deteriorating crop conditions in Russia and China and an uptick in demand.


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


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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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