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Grain Report Wednesday - 10th April

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 all off last night as the market positions itself for Thursday USDA Supply and Demand 'pull a number out of hat' report.

  • Well not all markets were off, with canola up on the MATIF and Winnipeg exchanges. 

  • They must have read that we are growing less canola in the 24/25 marketing year. 

  • Or maybe they are getting a little nervous about dry conditions in Canada.

  • However, the overall oilseed complex has a bearish tone driven by soybeans and maybe palm oil prices peaking. 

  • Stocks are.....

To read more, subscribe to Outlook Commodities Morning Commentary

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