Profarmer Australia Market Wrap
Oct 13, 2026 · 1 min · 2 segments
Grain Comments 14.10.2026 by Bendigo Bank Agribusiness Insights
Australian wheat and barley markets were mixed on Tuesday, while canola prices were mostly lower.
Looking at international markets, US wheat futures softened on the back of technical selling and easing crude oil prices.
Chicago soybean futures decreased on the back of technical selling and concerns regarding softening Chinese demand.
And Ice Canola futures eased due to harvest pressure and spillover weakness from soy oil.
CBOT December 26 wheat was down three Australian dollars per tonne to three hundred and fifty-two dollars per tonne.
Ice November 26 canola was down three Australian dollars per tonne to eight hundred and nineteen dollars per tonne.
And Matif November 26 canola was up three Australian dollars per tonne to eight hundred and thirty-two dollars per tonne.
Australian wheat and barley markets were mixed on Tuesday, while canola prices were mostly lower.
Looking at international markets, US wheat futures softened on the back of technical selling and easing crude oil prices.
Chicago soybean futures decreased on the back of technical selling and concerns regarding softening Chinese demand.
And Ice Canola futures eased due to harvest pressure and spillover weakness from soy oil.
CBOT December 26 wheat was down three Australian dollars per tonne to three hundred and fifty-two dollars per tonne.
Ice November 26 canola was down three Australian dollars per tonne to eight hundred and nineteen dollars per tonne.
And Matif November 26 canola was up three Australian dollars per tonne to eight hundred and thirty-two dollars per tonne.
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