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Grain Report Thursday - 16th May

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!

  • Markets were slightly softer again last night as the funds put some more commodity futures chips in their pockets.

  • The Aussie Dollar is up over 67 cents. It was under 65 cents at the start of the month.

  • This change has probably stopped our market being AUD $14 higher.

  • Another Ruskie crop forecaster dropped their wheat crop guess to under 86 million tonnes.

  • There is some wet weather forecast for......

  • So, the forecast for next year is the major oilseed crop to.....

To read more, subscribe to Outlook Commodities Morning Commentary

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