Apr 11, 2023

Weekly Grain Traded CGX - 10 April

Demand for grain ahead of the Easter holiday - 28 grades of 6 commodities traded across 14 port zones around Australia.
If you have grain in warehouse, offer it for sale at your target price - Your grain can't sell if buyers can't see it and try to buy it!
Happy Easter! - We hope you had a safe and enjoyable Easter with some soil moisture and/or rain not far away. 🐰

29 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

29 buyers purchased grain on CGX - more were searching for grain
119 sellers sold grain on CGX with more offering grain for sale
12 agent and/or advisory businesses sold grain on behalf of growers
28 different grades traded
6 commodities traded - wheat, barley, canola, lupins, lentils and faba beans
14 port zones traded across QLD, NSW, VIC, SA and WA

Grain demand before Easter Holiday

Demand for grain was spread wide in the shorter week leading into the Easter holiday. 28 grades of wheat, barley, canola, lupins, lentils and faba beans across 14 port zones nationally traded at grower's target prices last week. More buyers were searching grain offered for sale on the exchange but were either not able to find what grade/location they wanted or needed, or were not able to pay the price grower's were offering. They were able to look and crunch their numbers to try and purchase grain offered for sale. Growers offering their grain for sale is creating the opportunity for "ALL BUYERS" to have the chance of trying to buy their grain. Often traded prices are at better values than many growers think are available at the time. Regardless of what grain you have in warehouse or whether you want to sell in the near-term or are prepared to target higher prices and potentially hold grain for longer; get it on offer so all buyers can see it and try to buy it. That's how you create demand for your grain!

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.