UPDATE 27th of July, 2017
US wheat futures firmed in the overnight session with the high protein MGEX contract leading gains following reports from a crop tour in the Northern Plains that has somewhat confirmed drought-related damage to harvest potential with CBOT and KCBT following on bargain buying activity. EU wheat futures hovered around a one-month low with demand from Algeria helping to stem a 7% slide over the past 2 weeks. CBOT corn found support after to falling to July lows with soybeans finding support on bargain buying following the most recent sell off. ICE canola futures halted their recent skid to track soybean values higher on bargain buying with the Matif contract also pushing higher. The dollar is firmer again this morning, trading up around 100 points on last night at 0.7990. Values should start the day unchanged across wheat and coarse grains in cash markets today. Wheat basis should start the day unchanged to slightly stronger on the higher dollar.
|Cash Bids||Brisbane||Northern Newcastle||Southern Newcastle||Pt Kembla||Melb/Gee|
|Ex Farm/Delivered||Northern NSW||Central NSW||Southern NSW||Vic|
|CHKP1 Delivered 2016/17||Goondiwindi POA||Wee Waa POA||Trangie POA|
|CHKP1 Hectares 2017/18||Goondiwindi POA||Wee Waa POA||Trangie 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 contact our Trading Manager Jaimee Carrigan email@example.com 0427 136 218