Jun 12, 2023

Weekly Grain Traded CGX - 12 June

Grain demand across the spectrum - Buyers have a need for grain and were able to pay prices that many growers were targeting.
Agents using the exchange to generate value for clients - 14 agent/advisory businesses sold grain through CGX for their clients last week.
If you have grain in warehouse, offer it for sale at your target price - Help buyers to find your grain, crunch their numbers and try to buy it!

37 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

37 buyers purchased grain on CGX - more were searching for grain
- 13 in NSW
- 13 in VIC
- 3 in QLD
- 12 in SA
- 19 in WA
142 sellers sold grain on CGX with more offering grain for sale
14 agent and/or advisory businesses sold grain on behalf of growers
32 different grades traded
6 commodities - wheat, barley, canola, oats, lupins, faba beans
15 port zones traded across QLD, NSW, VIC, SA and WA

Grain demand across the spectrum

There was demand for Australian grain across the spectrum last week with 37 buyers purchasing 32 grades of wheat, barley, canola, oats, lupins and faba beans across 15 port zones in Queensland, New South Wales, Victoria, South Australia and Western Australia. Buyers have a need for grain and were able to pay prices that many growers were targeting. Buyers included bulk exporters, container exporters, domestic end users, domestic traders, offshore end users and niche traders. There are plenty of buyers that want Australian grain, however it is often difficult for many of them to participate in trying to buy Australian grain. Make it easier for ALL BUYERS to try and buy your grain by offering it for sale at the price you want on an INDEPENDENT and SECURE exchange - Clear Grain Exchange (CGX). If you're a bit unsure of your sale price, start higher, but get it out there so all buyers can see it, crunch their numbers and try to buy it. That's how you create demand for your grain and ensure it sells at it's FULL VALUE. Plus you're completely ANONYMOUS and PROTECTED throughout the process. Offshore markets continue to be volatile with uncertainty over northern hemisphere production prospects during their spring and the world needs Australian grain. See what traded below and login to your CGX account to see more price information.

Do you want to sell but defer delivery and payment? Check our article to learn more.

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.