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Grain Report Tuesday - 04th July


Market Almost Open - CGX daily report

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.


Chart including Wheat CBOT prices, Wheat Black Sea prices, Canola ICE prices and Canola MATIF prices

Grain trade prices for Australia Grain (wheat, barley, Sorghum, Lupins, Canola, Faba Beans, Oats, Chickpeas and lentils)

Dominic Hogan Outlook commodities comments

Look Out!


  • Markets mixed last night, although the bleeding seems to have stopped for the time being.

  • No markets tonight as the US celebrate turning 32 years old and finally moving out of your parents’ place.

  • The US crop conditions were released last night.

  • Corn 51% good to excellent, up 1% from last week, and 13% behind the same time as last year.

  • The major corn producing state, Iowa was up 5% to 61 %.

  • The 2nd largest, Illinois, was up 10% to 36%, which is still ordinary.

  • But the market has now relaxed, and December Corn futures are at their lowest level since October 2021, when the 23/24 crop was just a pipe dream and they had just finished their 22/23 harvest..



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