Grain Report Thursday - 20th 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!
Boom Boom Boom, let's go back to my room.
Markets exploded last night, sparked by increased tensions in the Black sea and ordinary weather through the US corn belt.
Russia have now stated any vessel heading towards Ukraine will be deemed to be carrying military weapons.
Hokey Pokey has also attacked another port in Ukraine, taking out more export infrastructure.
They have also said that they will return to the grain deal if all their conditions are met.
World markets are reacting to the latest tensions, with the Europe Matif wheat contract up EU18 (AUD $30 per tonne).
Will we see buyers start to step up, spiking demand as they focus on security of supply, rather than hanging out for cheaper prices?
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