UPDATE 17th of November, 2017
Another mixed night on US futures. Wheat was slightly higher in the front month against further row crop spreading and stronger protein wheat markets. Corn fell to new contracts lows on poor US weekly export sales and plentiful global supplies. Soybeans also suffered from disappointing US weekly export sales and improving crop prospects in South America. ICE Canadian canola followed the weaker trend in US oilseeds, ending down modestly. Matif rapeseed futures bucked the trend by closing modestly higher. The AUD is trading at 0.7589, about 10 points lower than last evening. Cash prices should be more or less flat in line with closing levels of last evening. Wheat basis should be steady.
|APW MG 17/18||$323||$310||$292||$292||$260|
|Ex Farm/Delivered||Northern NSW||Central NSW||Southern NSW||Vic|
|CHKP1 Delivered 2017/18||Goondiwindi $715||Wee Waa $715||Trangie $715|
|Albus Lupins 2017/18||Trangie $415||MGS Bomen $415||POA|
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 Accumulation team.
Georgie Currey: email@example.com / 0417 835 227