Grain Report Tuesday - 27th May
- Clear Grain Exchange
- May 27
- 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.
US markets were closed last night for the Memorial Day holiday. European wheat futures eased for a third straight session in light trade as recent weather worries subsided and the Euro strengthened, making EU grain less competitive vs US. It appears global weather is turning for the better over the next week with rain forecast for US, Europe, China & the early arrival of the monsoon season in India.
Rain is predicted for most of the US cropping belt over the next 7 days with good rains of 1-5inches through the Plains and Midwest. This should arrest the decline in US crop ratings over the past week.
For further market commentary please contact the CGX team on 1800 000 410
CGX now operates igrainX for grain stored on-farm
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
Comments