Grain Report Monday - 29th September
- Clear Grain Exchange
- Sep 29
- 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 chopped around for most of last week with uncertainty over corn yields holding sellers at bay while pressure mounted from large sales of Argentine soybean products into China.
Around 40 Argentine soybean cargoes were registered for export in November and December during this week's export tax suspension, mostly headed to China, in purchases that directly eat into the prime US marketing season.
BOM unchanged with chance of rain for parts of SA/VIC cropping belt. Crops across the south are quickly running out of moisture which will keep grower selling on the backfoot. Hot and dry weather in QLD will bring crops on, some heat and wind at the backend of forecasts for the south.
Wouldn’t expect much change in local markets today. There were some good gains in WA markets on Friday as traders look to build long positions for early shipping harvest slots.
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
Comments