Grain Report Tuesday - 30th September
- trentsmoker
- Sep 30
- 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 grain markets were flat to lower except for soybeans which sagged under the weight of dim export market prospects and the looming harvest.
$A edged higher on Monday to just above 65.7USc ahead of a central bank policy meeting where a rate hold is widely expected. The market focus will be on how policymakers frame future moves given the recent hawkish shift in market pricing.
Not much to report in local markets with the standoff between growers hoping for an external event to change market sentiment and end users expecting prices to go lower as harvest supplies increase. As mentioned, growers across much of the south-east are not sellers given the rapidly tightening season in many areas. Wheat and barley – Bids are unchanged to up a couple of dollars. - New season sorghum bids are essentially unchanged. - The chickpea market has fallen further with buying demand completely exiting the market from not just India but also other sub-continent consumers.
For further market commentary please contact the CGX team on 1800 000 410
CGX operates igrainX for grain 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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