top of page

Weekly Grain Traded CGX - 11 September


CGX now own and operate the igrain market for grain stored on-farm

logo igrain by clear grain exchange
 
  1. Grain demand kicks back into gear - 34 buyers purchased 28 grades of wheat, barley, oats, lupins and peas across QLD, NSW, VIC, SA and WA on CGX.

  2. Demand for ex-farm grain also increasing - igrain traded wheat, barley, lupins, oats, faba beans and canola in NSW, VIC and SA on an ex-farm basis.

  3. Prices increase as you move north - Dryer conditions in north eastern Australia have seen higher prices for all grains as you move north.

  4. If you have grain in warehouse or stored on-farm, offer it for sale at your price - CGX and igrain enables growers to set the price for their grain.

 
34 buyer businesses purchased grain through Clear Grain Exchange (CGX) last week. More buyers were searching for grain offered for sale.
34 buyer businesses purchased grain through Clear Grain Exchange (CGX) last week. More buyers were searching for grain offered for sale.

When your grain is offered for sale on CGX all buyers can see it and try to purchase it.

 

Grain market statistics for last week


  • 34 buyers purchased grain on CGX - more were searching for grain

    • 17 in VIC

    • 10 in NSW

    • 3 in QLD

    • 10 in SA

    • 16 in WA

  • 202 sellers sold grain through CGX across 293 transactions - more were offering grain for sale

  • 13 agent and/or advisory businesses sold grain on behalf of growers

  • 28 different grades traded

  • 5 commodities - wheat, barley, oats, lupins, peas

  • 15 port zones traded across QLD, NSW, VIC, SA and WA


Grain demand kicks back into gear

Demand for Australian grains, particularly wheat, kicked back into gear last week with 34 different buyer businesses purchasing 28 grades of wheat, barley, oats, lupins and peas through Clear Grain Exchange.


Wheat grades made up the majority of volume trading with 27 buyers purchasing 14 grades of wheat across the nation.


ASW1 wheat traded over $400/t port in Western Australia and was between $380/t and $400/t port in the other southern ports through South Australia and Victoria. Prices increase as you move north up the eastern seaboard with ASW1 trading $426/t and $456/t in Port Kembla and Brisbane port zones respectively.


Better protein wheat grades are attracting premiums with APW1 trading $420/t Kwinana and H2 $416/t Melbourne and $441 Kembla as examples. Stock Feed and AGP1 wheat were trading $381/t Melbourne and Port Adelaide.


Feed barley has been trading $365/t to $370/t in the west and appears supported around the $345/t level out of the other southern port zones. Malt grades continue to pick up a premium in Victoria with malt demand there.


Oats traded $450/t in Kwinana Western Australia and lupins were finding homes at $365/t in Port Lincoln, while peas were $500/t in Wallaroo.


See the tables below displaying traded values by port zone on Clear Grain Exchange through last week.


The igrain market was trading wheat, barley, lupins, oats, faba beans and canola throughout NSW, VIC and SA on an ex-farm basis last week. Appetite by domestic users, traders and container traders for ex-farm grain remains robust as they look for options to satisfy demand.


This is good news for growers with grain stored on farm that may be looking to move it before the coming harvest. Much like the warehouse track market, prices trading on igrain increase as you move north through the eastern states given the drier conditions in the north.


If you have grain in warehouse or stored on-farm and a price in mind, be sure to offer your grain for sale on CGX or igrain so all buyers can see it and try to buy it. That's how you create demand for your grain.


See what traded below on CGX and login to your CGX or igrain accounts to see more price information.

The tables below provide a summary of traded prices last week.

Note: GTA location differentials are used to convert prices to a port equivalent price, actual freight rates can differ particularly in the eastern states. You can offer any grade for sale to create demand.


grain prices in the main ports in Eastern Australia
grain prices in the main ports in South Australia and Melbourne
grain prices on the main ports in SA & WA




The charts below provide a summary of grain traded last week



grain commodities traded on Clear Grain Exchange
grain commodities traded in VIC on Clear Grain Exchange
grain commodities traded in NSW on Clear Grain Exchange
grain commodities traded in QLD on Clear Grain Exchange
grain commodities traded on WA on Clear Grain Exchange

grain commodities traded in SA on Clear Grain Exchange

grain commodities traded in WA on Clear Grain Exchange


 

CGX now own and operate the igrain market for grain stored on-farm

logo igrain by clear grain exchange
 

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

19 views0 comments

Commentaires


Do you want to know more?
Subscribe to our newsletter.

Thanks for submitting!

bottom of page