Grain Report Tuesday - 2nd September
- Clear Grain Exchange
- 4 days ago
- 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 for Labor Day Holiday and the lead from European markets was weaker as futures made fresh contract lows on a stronger euro and falling prices in Russia which has dampened EU export hopes. Increased ABARES forecast of Australia's harvest underscored plentiful global supply.
The falls were mostly attributed to lower Russian prices as more active arrivals of the new crop pressure prices increased August shipment estimates.
Old crop cereal prices continue to be under pressure on improving crop conditions with trade and end users waiting for grower selling to clear space for the upcoming harvest with little support from export markets.
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
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