top of page

Grain Report Wednesday - 14th May


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.




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



Dominic Hogan Outlook commodities comments

Chicago soybeans and global rapeseed futures rose on strength from a temporary ceasefire in the US/China trade war and a bullish USDA report.



In a nutshell, the market doesn’t seem to be buying USDA’s story on corn for 25/26 and seems wary about demand projections moving forward. Importers are comfortable to sit and wait for grain to come to them with current global crop conditions almost ideal.


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


CGX now operates igrainX for grain stored on-farm

igrain logo

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

Comments


Do you want to know more?
Subscribe to our newsletter.

Thanks for submitting!

bottom of page