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Grain Report Wednesday - 17th 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!

  • Nothing great about anything over the weekend apart from the Tiger GOAT kicking the first goal and 80,000 Tiger supporters shaking the foundations of the G.

  • Markets were also ordinary with wheat, corn, and beans all off.

  • Winnipeg canola was off by CAD $19 per tonne on Friday night. This is off CAD $55 (AUD $60) since the start of June.

  • I have previously mentioned, with such an increase in world soybean ending stocks, forecast to increase by 30 million tonnes over the last 3 years, it’s hard to get bullish oilseeds. 

  • However......

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