Grain Report Tuesday- 5th August
- Clear Grain Exchange
- Aug 5
- 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.
International grain prices continued to drift lower under pressure from advancing northern hemisphere winter harvest and non-threatening summer crop weather.
Local prices have succumbed to improving southern seasonal conditions and lower grazier demand for stockfeed on the promise of Spring pasture growth with prices $3-5/t lower with most pressure in the north as the latest rain locks in another strong harvest in central and northern cropping areas. Wheat back to $330/t in the north and now under $360/t into southern delivered locations. The barley discount has narrowed to under $10/t illustrating the difference in stock holdings with an aggressive barley export program and increased domestic usage reducing the local barley carryout.
For further market commentary please contact the CGX team on 1800 000 410
CGX now operates igrainX for grain stored on-farm
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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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