Grain Report Monday - 30th June
- Clear Grain Exchange
- Jun 30
- 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.
Not much has changed fundamentally over the weekend with trade in limbo ahead of USDA’s, acreage, stocks and crop progress reports tonight. Friday’s trade featured a bit of short covering as the $US weakened.
StatCan said Canadian farmers planted more acres of wheat, oats, soybeans, lentils, dry peas and corn, but fewer acres of canola and barley compared with 2024, in part due to Chinese tariffs on canola. The biggest surprise was a large upwards revision of last year's canola production numbers, indicating canola supplies from the 17.8mt the agency reported in December to 19.18mt. Traders in Canada have been trading a much tighter canola balance sheet.
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