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Grain Report Tuesday - 21st November

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 off again last night.

  • Talk about an unloved commodity, a bit like the Indian cricket team; hero to zero in one night.

  • Corn was up slightly, and beans were smacked over the fence by Travis Head.

  • Dead silence after that reference; come on Get It India.

  • Some concerns once again about Brazilian weather and dryness driving bean prices and bean acres being swapped into cotton.

  • There was an 8% swing in the Mato Grosso region, but it’s a safe bean seat.

  • Chinese imports through to October of wheat and barley up significantly from last year.

To read more, subscribe to Outlook Commodities Morning Commentary

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