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Grain Report Tuesday - 13th February

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!

  • Wheat and corn basically unchanged last night.

  • Soybeans were up.

  • Winnipeg and Matif canola were both up.

  • Anyone noticed US Soft Red wheat (ASW but red and lower extraction rate, higher ash content) is trading at the same level as Hard Red Winter wheat (APW).

  • I did.

  • This means the Hard Red winter wheat stocks and this year’s production is increasing, more supply.

  • As growers of high-quality milling wheats, Aussies prefer competing countries to have some production problems with their milling wheats.

  • Unfortunately ............

To read more, subscribe to Outlook Commodities Morning Commentary

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