UPDATE: 12th of February, 2018

US futures fell across the main agricultural bourses on a mix of profit taking and improved weather prospects in the US.  Wheat retreated from multi month highs on profit taking and forecasts for better weather across the drought affected US Plains.  CME and KBOT both ending moderately lower.   Corn futures were lower on profit taking and concerns over US corn sales to China being switched to other origins.  Soybeans sagged on much needed rain across the Argentina’s cropping belt and concerns over flagging US exports.  Canadian ICE canola ended lower following weakness in US soybeans, but Matif rapeseed futures ended with gains.  The AUD is trading a little firmer at 0.7811, up around 16 points.  Local markets should see grain and oilseed values roughly unchanged to start the week with wheat basis slightly firmer.

Cash BidsBrisbaneNorthern NewcastleSouthern NewcastlePt KemblaMelb/Gee
APW 17/18$317$303$289$286$264
F1 17/18$320$303$283$262$236
Ex Farm/DeliveredNorthern NSWCentral NSWSouthern NSWVic
CHKP1 Delivered 2017/2018Goondiwindi POAWee Waa POATrangie POAPOA
Albus Lupins 2017/2018Trangie $420MGS Bomen $420-$20 No.2

The Special One Grain General Terms and Conditions apply to all Grower Purchase Contracts.

These cash prices are indicative only and subject to change without notice. For our latest prices please contact Special One Grain on 1300 28 12 28.

To discuss your individual grain marketing requirements, please contact our friendly Grower Services team.
Georgie Currey: georgie.currey@specialonegrain.com.au / 0417 835 227
Emily Wilson: emily.wilson@specialonegrain.com.au / 0417 933 714