Grain Report Tuesday - 11th July
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.
Look Out!
I am currently laying on a beach in QLD, waiting for someone to roll me back in the water, so my reports will be short and sharp, unless something dramatic or global price changing happens.
The big report this week will be the USDA Word Ag Supply and Demand stab in the dark on Thursday night, so I will be covering that off.
Markets were mixed last night with wheat down and row crops, beans and corn up.
US crop conditions were out yesterday with US Spring wheat in a bit of trouble dropping another 1% to 47% good to excellent.
This time last year, US spring wheat was rated at 70% good to excellent.
There seems to be a bit of an issue in the Northern US region affecting both US Spring wheat and Canadian wheat & canola production.
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