top of page

Grain Report Thursday - 6th June

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 again, with Kansas a bit like the Blues Sua’ali’i leaving the field early.

  • I don’t think this player has enough apostrophes in his name.

  • Palm oil prices have softened which is pulling down oilseeds, plus a forecast increase in soybean carryover stocks for the 24/25 season is adding weight to this market.

  • Matif canola futures were only off EU $1.75 per tonne, but Winnie the Pooh canola was off CAD $12.30 per tonne.

  • The Egyptians and Algerians will be annoyed as they like to think they pick the bottom of a market.

  • Who knows, maybe they were close.....

To read more, subscribe to Outlook Commodities Morning Commentary

CGX subscriptions

By subscribing to the Outlook Commodities Content you agree to CGX Subscriptions terms and conditions


CGX now own and operate the igrain market for grain stored on-farm

igrain logo

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

9 views0 comments


Do you want to know more?
Subscribe to our newsletter.

Thanks for submitting!

bottom of page