Grain Report Monday - 10th July
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.
Look Out!
Markets off on Friday night.
Beans and Kansas wheat were sold off.
Oilseeds are going in the opposite direction to the world supply fundamentals, driven by softer vegetable oil demand (and prices).
At the end of the day, oilseeds are produced for oil and if we stop eating it or putting it in our Delorian Flux Capacitors, oilseed demand drops, and economics 101, lower demand equals lower prices. The opposite is true, like Taylor Swift tickets and my Subscription service, higher demand equals higher prices.
Might need to move it up to $13? Kidding.. let's have a look at the markets.
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