Grain Report Thursday - 22nd May
- Clear Grain Exchange
- May 22
- 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.
Wheat extended gains last night supported by a weaker $US and short-covering encouraged by production concerns. Production concerns across northern Europe, China and Australia has the market on the defensive with import interest expected to have been stoked by the recent falls in prices and the weakening $US.
Domestic markets have paused somewhat to see the outcome of the current weather system which is promising to bring rain to germinate dry sown crops and provide enough moisture for germinated crops to get going for much of southern NSW.
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