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Grain Report Tuesday - 24th June


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

Was expecting markets to fire up on a bit of Iran retaliation and the closure of some key shipping routes but was surprised to see wheat and corn well down as favourable crop conditions and fundamentals outweigh outside market influences.



Hearing there are keen northern sellers on the expectation of higher prices as global tension rises but it hasn’t translated to increased activity with most prepared to wait out escalating global tensions. Markets have become almost oblivious to geopolitical events.


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


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