UPDATE: 24th of January, 2018

.Relatively narrow trading ranges overnight and not much new news to add to either side of the argument. Wheat saw a bit of mid selling pressure from chart based traders, but had no change to any of the fundamentals. Corn barely moved at all although there was a chunky US sale of corn to an “unknown” destination. Oilseed has beans trying for a bit lower, but ended the night still just under US$10/bu on the back of continued dry weather in Argentina. Canadian canola up a fraction on same weather news whilst EU canola down on a stronger EUR. Our currency is close to unchanged at 0.7990. We think the day will start close to unchanged across the board for flat prices (although Sorghum may be down a buck or two more). Wheat basis likely a cent or two stronger today.

Cash BidsBrisbaneNorthern NewcastleSouthern NewcastlePt KemblaMelb/Gee
APW 17/18$317$303$289$286$258
F1 17/18$320$303$283$262$237
Ex Farm/DeliveredNorthern NSWCentral NSWSouthern NSWVic
CHKP1 Delivered 2017/2018Goondiwindi POAWee Waa POATrangie POAPOA
Albus Lupins 2017/2018Trangie $420MGS Bomen $420-$20 No.2

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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