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Grain Report Tuesday - 3rd 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

Wheat rose on short covering as a Ukrainian drone attack in Russia shifted attention back to the war between the two grain exporters, and as the $US declined.



Virtually no change to domestic pricing with the feed market cooling off a little in the south and no impetus from export markets. With rain across areas where it was most needed in WA and forecasts looking better for some rain in VIC/NSW there is no real urgency for end users to extend cover.


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


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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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