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Grain Report Tuesday- 19th August


Market Almost Open - CGX daily report

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.



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Chart including Wheat CBOT prices, Wheat Black Sea prices, Canola ICE prices and Canola MATIF prices

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Dominic Hogan Outlook commodities comments

Much the same from international grain markets, under pressure from favourable weather conditions and concerns over export demand as US/China trade tensions linger.


The local market continues to be in limbo. Northern growers are not in a hurry to sell, and the market lacks any spark to sustain short covering rally’s which seem to get covered quickly. In the south, the season remains uncertain, and this has contributed to little interest in engaging in sales with remaining stocks viewed as a drought hedge and not enough pricing or production confidence to generate any new crop interest.


For further market commentary please contact the CGX team on 1800 000 410


CGX now operates igrainX for grain stored on-farm

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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 support@cgx.com.au

1 Comment


Leo Tibbs
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Aug 27

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