Weekly Grain Traded CGX - 27 October

Clear Grain Exchange
Oct 27
4 min read

Grain stored on-farm can now be sold on CGX

Expectations for grower selling to pull prices down - Growers can and will impact prices! Be proactive, take control, and offer grain for sale rather than just selling into cash bids.
Market is now open for new season pricing - 2025/26 season grain can now be offered for sale on Clear Grain Exchange and igrainX.
CGX and igrainX enable growers to offer grain for sale - Growers delivering to warehouse can offer grain for sale on CGX. Growers with grain on-farm can offer grain for sale on igrainX and determine pickup/delivery timeframes.

27 buyer businesses purchased grain through Clear Grain Exchange (CGX) last week. More buyers were searching for grain offered for sale. — 25 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.

Market stats for last week

30 buyers purchased grain on CGX - more were searching for grain
- 2 in QLD
- 13 in NSW
- 10 in VIC
- 1 in SA
- 11 in WA
64 sellers sold grain through CGX across 87 transactions - more were offering grain for sale
7 agent and/or advisory businesses sold grain on behalf of growers
21 different grades traded
6 commodities - Wheat, barley, canola, chickpeas, lupins, oats
8 port zones traded across QLD, NSW, VIC, SA and WA

Growers are impacting prices

Harvest is ramping up quickly in north eastern areas of Australia with many grain prices struggling to find a level satisfying both buyers and sellers to trade volume.

Buyers generally remain somewhat stand-offish and hesitant to be too aggressive on the bids they're posting on expectations grower harvest selling will pull prices down.

Growers are generally dis-satisfied with current prices bid, particularly for wheat and pulses, and so trade has quietened there.

Canola is being spoken about as the "cash crop", meaning the crop growers are selling, or expecting to sell, to generate cash flow, with barley also considered.

There is demand for canola with a high proportion of early shipping slots allocated to getting this crop moving. So the selling strategy aligns with where the demand is.

Buyers are actively looking to secure canola to fulfil their demand and in Clear Grain Exchange we've seen growers offering canola for sale and drawing those buyer bids up towards those target prices.

How growers sell their grain this harvest will impact prices. If Australian growers sell into buyer bid prices in earnest as headers get rolling, it will pressure prices lower. If Australian growers offer their grain for sale at prices as they deliver, it will help to stabilise prices.

If the cash crop is canola, growers should know there is demand and that they can offer grain for sale closer to bids if they wish to sell, this will help stabilise prices.

For grains that growers are not happy selling at current prices, offer them for sale at the prices you are happy to sell for. This helps buyers set price expectations.

If you’re harvesting or close to harvest and comfortable some of your production is assured, now’s the time to offer some grain for sale for all buyers to see.

Growers can help avoid downward price pressure at harvest by offering grain for sale.

Australian grain is needed by the world and international buyers are turning their attention towards Australian price expectations.

The opportunity for Australian growers is to show them prices they would sell for as early as possible to help impact those price expectations.

There are plenty of buyers for Australian grain, make it easier for them to try and buy your grain.

Traded prices through Clear Grain Exchange that had corresponding published bids last week averaged $13.23/t above best published bids advertised from buyers.

Some trades were as high as $30/t-$50/t above best published bids. There are plenty of other examples, login to your online Clear Grain Exchange account to have a look.

It is so important for growers to OFFER grain for sale at their prices, rather than looking for buyer bids to be advertised and reacting to them - be proactive, take control, and offer.

Last week 21 grades of wheat, barley, canola, chickpeas, lupins, and oats traded with 30 buyers purchasing and 34 buyers bidding for grain. 102 buyers made 3,164 searches for grain offered for sale.

Growers are impacting the price of Australian grain by offering grain for sale and leading bids higher.

The more grain offered for sale, the more buyers will search for grain and the bigger say in prices growers have.

The intent of the exchange is to make it as easy as possible for growers to set prices and as many buyers as possible try to buy it, whilst securely protecting all parties.

That's how you create demand for grain and establish your grain's true value.

The prices traded through the exchange at a port track (eastern states) or FIS (in WA) level are provided below, but if you're reading this email you will have your own CGX account so login and use it to see what's trading, what's offered, and what's being bid at sites to help you determine the value of grain in your area.

Please call the CGX team at anytime for assistance on 1800 000 410.

The tables below provide a summary of traded prices on CGX 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.