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Grain Report Thursday - 16th November


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 all off last night, mainly driven by some slight hope of rain through central Brazil next week.

  • Other than that, there is not much happening in the world markets to excite people.

  • Russian exports are starting to slow, and we are seeing prices starting to firm slightly, up USD $4-$5 over the week.

  • But we knew this would happen and as they start to freeze over the winter period, logistics and supply chain issues slow exports down further.



  • Russian values are still low though in the USD $230-$240 FOB (Free on Board) range.

  • Add USD $50-$60 for Aussie wheat and there’s your FOB values, which is around US Hard Red winter values ex the Pacific Northwest.

  • The International Grains Council will release their monthly supply and demand guess tonight.


To read more, subscribe to Outlook Commodities Morning Commentary


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