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Grain Report Tuesday - 4th June

Market Almost Open - CGX daily report

What price do you want for your grain?

Overnight moves in international markets and yesterday's actual traded prices across Australia are below to help you determine your price. If you need to change your offer price, simply edit it before market open.

Chart including Wheat CBOT prices, Wheat Black Sea prices, Canola ICE prices and Canola MATIF prices

Grain trade prices for Australia Grain (wheat, barley, Sorghum, Lupins, Canola, Faba Beans, Oats, Chickpeas and lentils)

Dominic Hogan Outlook commodities comments

Look Out!

  • Markets were off again last night.

  • All is good again in the world with abundant wheat stocks held by the majors, no production concerns in Russia and Get It India has more wheat reserves you can poke a stick at.

  • Soybeans got smacked last night as well, off AUD $11 per tonne in the nearby. This also saw Winnipeg canola off CAD $28.30 (AUD $31) and Matif off EU $8 (AUD $13).

  • Current canola track markets are..........................

To read more, subscribe to Outlook Commodities Morning Commentary

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