Grain Report Wednesday- 6th August
- Clear Grain Exchange
- Aug 6
- 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.
US wheat futures registered new contract lows to approach their lowest point since 2020 as sinking corn futures and seasonal supply pressure from Northern Hemisphere harvests weighed on the market.
Locally, the same factors are at play with northern growers looking to increase sales but not happy with the price and local end users happy to wait for grain to come to them. Trade is reporting increased export inquiry at lower prices but any pick-up in export demand is not being reflected in at port bids.
For further market commentary please contact the CGX team on 1800 000 410
CGX operates igrainX for grain on-farm
If you have any queries, we're always here to help!
Please give us a call or email if you have any questions.
Call 1800 000 410 or Email support@cgx.com.au
Comments