Grain Report Wednesday - 17th September
- Clear Grain Exchange
- 21 hours ago
- 1 min read
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.
Grains firmed overnight due to solid US weekly export inspections.
Competitive US pricing and delays in shipments from the Black Sea have prompted Asian flour millers to ramp up purchases. Indonesian importers have finalised deals for US wheat of around 500,000t, while buyers in Bangladesh secured about 250,000t and millers in Sri Lanka acquired around 100,000t. This is additional demand for US wheat in Asia, complementing purchases by traditional buyers such as Thailand, the Philippines and Taiwan. US soft white wheat was sold at US$270/t C&F, while hard red winter variety was sold at US$275/t. Southeast Asian nations are expected to increase US grain and oilseed purchases, reshaping trade flows after signing agreements with the Trump administration, displacing supplies from Australia, Canada and Russia.
Locally, grower selling has slowed as attention turns to harvest preparations. There is some buying interest to cover prompt shipping slots but after this it’s a buyers’ market with advisors currently working out the best harvest strategy which seems likely to be sell pulses, canola and milling wheat and hold feed grain.
For further market commentary please contact the CGX team on 1800 000 410
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