What is a grain OFFER for sale ?
An OFFER enables you to have a say in the price of your grain.
It allows ALL BUYERS to see your grain at the price you would sell for, and gives them an opportunity to crunch their numbers and try to buy it.
An offer sends a price signal to buyers. If you are not a seller at prices currently bid to you, there is value in creating this price signal.
It provides buyers with a clear indication on where they need to bid in order to purchase volume.
Market factors can impact prices and buyers may need to buy grain at some point. This can see bid prices move higher to match those OFFERS.
The larger the price signal - the larger the impact
Grain OFFERED for sale is largest by volume and number of growers in WA, and it's creating value for growers.
WA grain is trading in the highest volume, and at the highest relative prices across Australia.
Growers in other states are also creating value for their grain by OFFERING it for sale, but the price signal could be stronger.
More grain on OFFER sends a stronger price signal and is more attractive for buyers to participate, which creates value.
Buyers can't buy grain that they can't see!
All Australian growers have opportunity to impact the price of their grain by offering it for sale rather than accepting published bids or covert private bids.
OFFERING your grain at a price in an independent market drives demand from buyers.
Ancillary benefits of OFFERING grain
You're protected by ANONYMITY and SECURE SETTLEMENT on CGX at all times.
You or your agent can offer grain on CGX simply via a mobile device, desktop, or calling CGX.
When your grain's on OFFER, you get relevant and timely market intel such as the price of trades for your grade and port zone.
If you use CGX correctly it can only add value
We're here to help!
Please get in touch at anytime!
If you use a grain marketing agent, they can access the exchange on your behalf.
1800 000 410 or support@cgx.com.au
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