Grain Report Tuesday - 17th June
- Clear Grain Exchange
- Jun 17
- 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.
The main changes in the past week are the Israel/Iran conflict which has supported oil prices and the commodities complex with concerns about commercial shipping lanes in the region and Trump’s commitment to increased biofuel mandates which is supportive of soybeans and canola.
Northern feeding zone wheat bids are lower on expectations of a large 2025 crop, increased grower selling and lacklustre buying interest from end users and traders. Barley bids have also slipped $2-5/t for the same reasons.
Southern markets are steady on crop uncertainty and ongoing feeding interest, which is keeping things ticking over, but the heat has come out of the market with consistent rain, albeit not enough to restore subsoil moisture but enough to germinate crops.
The only thing to crow about is canola which has jumped around $25/t on old and new crop despite rain helping the canola crop prospects in southern farming areas.
For further market commentary please contact the CGX team on 1800 000 410
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Call 1800 000 410 or Email support@cgx.com.au
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