Key facts
- 1,608 metric tons of grain traded on ClearGrain and igrainX.
- XF demand for grain increased notably in Victoria and New South Wales.
- Recent rainfall has softened the domestic grain market.
- Grain prices continue to trade above cash boards.
A total of 1,608 metric tons of grain was traded on the ClearGrain and igrainX platforms. Demand, particularly from the 'XF' sector, saw a noticeable increase across Victoria and New South Wales. The domestic market has experienced a softening due to significant rainfall in the past week. However, despite this domestic market shift, grain prices are still trading at levels considerably higher than the cash boards.