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Grain Report Wednesday - 17th 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!

  • Well, Turn Around Tuesday was more like “Don’t think I will do much Tuesday”, with the wheat and corn markets pretty much unchanged.

  • Soybeans and canola all traded lower as well.

  • The Aussie dollar is getting closer to 64 cents, with every cent drop adding AUD $6 per tonne to our values.  

  • Dubai received 1.5 years of rain in 24 hours and has caused major flooding. The BOMB forecast Dubai to remain dry this whole year and the next 30 years.

  • Reports that 87% of the Russian wheat regions have been........... 

  • Am I starting to sound bullish, possibly.

To read more, subscribe to Outlook Commodities Morning Commentary

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