Grain Report Tuesday - 11th November
- Clear Grain Exchange
- 2 days ago
- 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.
US grain markets rose on broader strength in financial markets and continued hopes of renewed Chinese buying.
Even if the purchases of US soybeans by China are slow to develop, the market was reassured by observing that the exporters CHS, Louis Dreyfus and EGT had their authorization to export to China restored.
Can’t see any support for local values from international markets. Waiting for China to buy and the USDA to report on the global grain S&D towards the end of the week.
Track bids across in WA remain flat at best with little buyer urgency. Barley exports to China out of WA seem to be going well but exporters look well supplied.
For further market commentary please contact the CGX team on 1800 000 410
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