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Grain Report Wednesday - 12th 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!

  • Turnaround, bright eyes.

  • Chicago wheat finally realised the world wheat situation is not great, with the Ruskie Ag Minister declaring another state of emergency in the southern Rostov region, with crop losses in that region estimated to be around 30%.

  • The southern region of Russia produces around 46% of the winter wheat crop, and the region they just declared a state of emergency is the largest producing area in Russia, producing 13% of winter wheat production, so important to their overall production.

  • C’mon, Lleyton Hewett, when is someone else dropping their pants under 80 million?

  • Mine have been around my ankles for 2 weeks.

  • The Egyptians bought another......

To read more, subscribe to Outlook Commodities Morning Commentary

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