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Grain Report Tuesday - 20th 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!

  • US markets closed last night as they celebrated having a President.

  • Not sure if they will have this holiday next year when Donald Duck gets back in.

  • The cocoa market is going nuts, with the largest shortage of product ever driving prices through the roof.

  • I would suggest go long Easter eggs now.

  • Winnipeg canola was up CAD $10.50, but it's still off CAD $32.50 since the start of February.

  • West Australian canola, with its unique, exquisite tasting oil is trading at an AUD $55 premium to East Coast canola with their ordinary tasting oil.

  • I have no idea about the taste of canola oil, but I am trying to find an excuse for the large East Coast discount, especially when the ocean freight spread is USD $5-$7 per tonne.

  • The Brazilian Ag Minister came out on Friday and said

To read more, subscribe to Outlook Commodities Morning Commentary

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