Profarmer Australia Market Wrap
Grain Comments 22.10.2026
Oct 21, 2026 · 1 min · 2 segments
Grain Comments 22.10.2026 by Bendigo Bank Agribusiness Insights
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Profarmer Australia Market Wrap
Oct 21, 2026 · 1 min · 2 segments
Grain Comments 22.10.2026 by Bendigo Bank Agribusiness Insights
Australian wheat and canola markets were mixed on Wednesday, while barley mostly eased.
US corn futures rebounded slightly on the back of increased domestic demand for ethanol and bargain buying.
Chicago soybean futures drifted lower again, despite late-session technical buying, as favourable harvest conditions continue to overshadow recent export sales.
Ice canola futures have softened after spillover pressure from competing vegetable oils alongside steady Canadian harvest progress.
Seabot December 26 wheat is down $9.30 per tonne to $328.
Ice November 26 canola is down $11.87 per tonne to $782.
Australian wheat and canola markets were mixed on Wednesday, while barley mostly eased.
US corn futures rebounded slightly on the back of increased domestic demand for ethanol and bargain buying.
Chicago soybean futures drifted lower again, despite late-session technical buying, as favourable harvest conditions continue to overshadow recent export sales.
Ice canola futures have softened after spillover pressure from competing vegetable oils alongside steady Canadian harvest progress.
Seabot December 26 wheat is down $9.30 per tonne to $328.
Ice November 26 canola is down $11.87 per tonne to $782.
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