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Grain Report Thursday- 30th 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!

  • Pop the champagne, wheat up again last night and Aussie dollar down.

  • Corn down and beans unchanged.

  • Canola up slightly, although the trade “feels” the Canadian canola crop is 1 million tonnes higher than previously forecast at 17.4 million tonnes.

  • Current Track Values remain pretty much unchanged at AUD $645 Vic, AUD $635 SA and AUD $700 WA.

  • Russian values firmed USD $5 last week to around USD $235 FOB (Free on Board). 

  • We traded last year at USD $50 premiums to the Ruskies with a 39 million tonne crop in neighbouring markets.

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