Grain Report Wednesday - 25th June
- Clear Grain Exchange
- Jun 25
- 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.
Grain prices were again sharply lower as the geopolitical risk premium is taken out of markets highlighted by heavy falls in the oil prices as markets determined that US action in Iran has been successful for now with a de-escalation now expected.
This allowed traders to focus on fundamentals which pushed values back toward recent lows. Wheat sank on pressure from the ongoing harvest in the US Plains and Black Sea as well as a lack of weather threats, corn hit lifetime lows on expectations of ample corn stockpiles, and soy fell on weakness in soyoil and crude oil futures. Overshadowing all markets was the lack of weather threats that has global crop estimates rising everywhere.
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