Profarmer Australia Market Wrap
Oct 28, 2026 · 1 min · 2 segments
Grain comments 29.10.2026 by Bendigo Bank Agribusiness Insights
Australian wheat mostly increased, while barley and canola markets were generally lower on Wednesday.
Corn futures found some support from export optimism, but gains were limited by harvest pressure.
Soybean futures fell further from the weight of technical selling ahead of the next USDA report, and ice canola futures fell slightly from the spillover in Chicago soil oil and lower crude oil prices.
Seabot December 26 wheat decreased $7 to $312 per tonne.
Ice November 26 canola decreased $2 to $784 per tonne.
Australian wheat mostly increased, while barley and canola markets were generally lower on Wednesday.
Corn futures found some support from export optimism, but gains were limited by harvest pressure.
Soybean futures fell further from the weight of technical selling ahead of the next USDA report, and ice canola futures fell slightly from the spillover in Chicago soil oil and lower crude oil prices.
Seabot December 26 wheat decreased $7 to $312 per tonne.
Ice November 26 canola decreased $2 to $784 per tonne.
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