Profarmer Australia Market Wrap
Grain Comments 30.10.2026
Oct 29, 2026 · 1 min · 3 segments
Grain Comments 30.10.2026 by Bendigo Bank Agribusiness Insights
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Profarmer Australia Market Wrap
Oct 29, 2026 · 1 min · 3 segments
Grain Comments 30.10.2026 by Bendigo Bank Agribusiness Insights
Australian wheat and barley were mixed across port zones on Thursday, while canola was generally lower.
Looking at international markets, US wheat futures strengthened slightly as USDA export data cited robust weekly volume and a noticeable improvement over the four-week average.
Corn futures drifted lower after a choppy session, weighed down by seasonal harvest pressures.
Export volume remained strong despite a dip this week.
Soybean futures traded slightly lower, following light technical selling, compounded by improving Brazilian planting conditions and currency-driven export competition.
Ice canola futures softened under pressure from comparable vegetable oils and continued crude oil weakness.
Australian wheat and barley were mixed across port zones on Thursday, while canola was generally lower.
Looking at international markets, US wheat futures strengthened slightly as USDA export data cited robust weekly volume and a noticeable improvement over the four-week average.
Corn futures drifted lower after a choppy session, weighed down by seasonal harvest pressures.
Export volume remained strong despite a dip this week.
Soybean futures traded slightly lower, following light technical selling, compounded by improving Brazilian planting conditions and currency-driven export competition.
Ice canola futures softened under pressure from comparable vegetable oils and continued crude oil weakness.
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