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Grain Report Thursday - 11th April

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!

  • Dorothy just clicked her heels; I don’t think there is much wheat in Kansas anymore.

  • Kansas wheat market was up AUD$8.50 last night as dry weather is starting to raise some Hard Red Winter wheat concerns.

  • It’s very early days and the crop was rated at 56% Good to Excellent this week, which was the highest rating in 4 years, so the market might have gone the early crow.

  • US Hard Red winter wheat is trading around USD $260 FOB (Free on Board) ex the Pacific NorthWest.

  • Given we have USD $7 - $10 freight advantage into our backyard markets, Asia, it puts APW around the.......

To read more, subscribe to Outlook Commodities Morning Commentary

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