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Grain Report Thursday- 24th July


Market Almost Open - CGX daily report

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.



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


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Dominic Hogan Outlook commodities comments

Wheat futures fell again as projections of above average US Spring wheat yield outweighed concerns over smaller Russian crop estimates.


BOM rainfall is expected to move into western SA today with the forecast still looking good for up to 50mm of rainfall across most of the east coast cropping belt. Good rainfall 10-20mm through central VIC and the tables and slopes of NSW, not quite reaching western areas but all the way through to central QLD.


Local grain markets are in limbo waiting to see what rain falls over the next few days.


For further market commentary please contact the CGX team on 1800 000 410


CGX now operates igrainX for grain stored on-farm

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If you have any queries, we're always here to help!

Please give us a call or email if you have any questions.

Call 1800 000 410 or Email support@cgx.com.au

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