Profarmer Australia Market Wrap
Oct 12, 2026 · 1 min · 2 segments
Grain Comments 13.10.26 by Bendigo Bank Agribusiness Insights
Australian wheat markets were mostly softer on Monday, while barley and canola were mixed across the port zones.
Looking at international markets, US wheat futures finished slightly higher as markets continued to adjust to last week's WASDE report.
US corn futures have pushed slightly higher as bargain buying follows Friday's dip ahead of the release of two upcoming USDA reports this week.
Ice canola futures were closed for the public holiday, while Matif rapeseed futures were mixed.
Ice November 26 canola is up $1.47 per tonne to $822 per tonne.
Australian wheat markets were mostly softer on Monday, while barley and canola were mixed across the port zones.
Looking at international markets, US wheat futures finished slightly higher as markets continued to adjust to last week's WASDE report.
US corn futures have pushed slightly higher as bargain buying follows Friday's dip ahead of the release of two upcoming USDA reports this week.
Ice canola futures were closed for the public holiday, while Matif rapeseed futures were mixed.
Ice November 26 canola is up $1.47 per tonne to $822 per tonne.
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