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Grain Report Wednesday - 28th February


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!

  • Ever since I had become a wheat Hanrahan, we’ll all be ruined, Kansas wheat had gone up 25 cents a bushel, or AUD $14 per tonne.

  • Even CME wheat was up last night.

  • Corn and beans were unloved.

  • I still think everyone in the trade is standing on the bear side of the boat though and the funds are starting to cover the shorts.

  • The Chinese are buying lots of........


To read more, subscribe to Outlook Commodities Morning Commentary


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