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Grain Report Monday- 4th December

Market Almost Open - CGX daily report

What price do you want for your grain?

Overnight moves in international markets and yesterday's actual traded prices across Australia are below to help you determine your price. If you need to change your offer price, simply edit it before market open.

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

Grain trade prices for Australia Grain (wheat, barley, Sorghum, Lupins, Canola, Faba Beans, Oats, Chickpeas and lentils)

Dominic Hogan Outlook commodities comments

Look Out!

  • I want you to stop what you are doing and pay attention, as a game changer has occurred over the weekend.

  • To improve the popularity of the Ruskie leader, they have done a deal with Cadbury to promote their leader.

  • Of course, my lawyers will now be contacting Cadbury to sue them for a breach of copyright laws.

  • What next, Chinese Xi Cricket team steamed buns?

  • In other less important news, the wheat and corn markets were all up slightly on Friday night.

  • Beans got smacked a bit on the back of forecast rains through central Brazil.

  • Matif and Winnipeg canola got caught up in the whirlpool and were also both off solidly.

  • Reports also the corn seed sales in Brazil for planting the Safrinha corn crop are 26% behind the 3 year average.

  • I think the Yanks need to shave a fair bit off their Brazilian corn crop forecast in their next report as they are 10 million tonnes above most analysts.

  • Their next stab in the dark, pick a number out of the hat supply and demand report is out this Friday.

To read more, subscribe to Outlook Commodities Morning Commentary

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