Profarmer Australia Market Wrap
Oct 15, 2026 · 1 min · 2 segments
Grain Comments 16.10.2026 by Bendigo Bank Agribusiness Insights
Australian wheat and barley markets were mixed on Thursday, while canola prices were mostly firmer.
Looking internationally, US wheat futures softened following broader weakness across grain markets.
US corn futures edged lower, driven by technical selling and choppy post-WASDE trade.
Chicago soybean futures faced downward pressure as technical selling continued despite the announcement of two large soybean sales.
Ice canola futures have fallen to a seven-week low following speculative selling and spillover weakness from soybeans.
CBOT December 26 wheat is up ninety cents per ton to three hundred fifty-six dollars per ton.
Ice November 26 canola is down ninety-four cents per ton to eight hundred and seventeen dollars per ton.
MATIF November 26 canola is down twenty-five dollars and thirty-eight cents per ton to eight hundred and ten dollars per ton.
Australian wheat and barley markets were mixed on Thursday, while canola prices were mostly firmer.
Looking internationally, US wheat futures softened following broader weakness across grain markets.
US corn futures edged lower, driven by technical selling and choppy post-WASDE trade.
Chicago soybean futures faced downward pressure as technical selling continued despite the announcement of two large soybean sales.
Ice canola futures have fallen to a seven-week low following speculative selling and spillover weakness from soybeans.
CBOT December 26 wheat is up ninety cents per ton to three hundred fifty-six dollars per ton.
Ice November 26 canola is down ninety-four cents per ton to eight hundred and seventeen dollars per ton.
MATIF November 26 canola is down twenty-five dollars and thirty-eight cents per ton to eight hundred and ten dollars per ton.
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