Grain Report Wednesday - 18th June
- Clear Grain Exchange
- Jun 18
- 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 were mostly firmer overnight supported by the Middle East situation which is continuing to cause disruptions in the outside markets and spilling over into soft commodity markets.
I’ll work the phones if I have reception today to get a bead on what’s happening in local cash markets. In the north I expect to hear the same growers keen to sell but not liking the price $270/t barley ex farm and $300/t wheat and end users not in a hurry to extend coverage given lack of export competition and expectations of solid carryover stocks. In the south it will be a little different with stockfeed millers keeping things ticking over as they meet demand in the livestock feeding sector.
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