Increased Prices of Australian Winter Wheat in W4

Some grain is still trickling into Wyalong, Temora, and Cunningham in New South Wales and the Wimmera, Geelong, and Western District of Victoria. Bid prices over W3 have stabilized as the trade seems to be positioning itself for the export market. The US wheat, corn, and soybeans markets all ended higher for W4. Markets will keep an eye out for any demand for new grain.

The reference price for January 27, 2023, are as follows:
H2: USD 288/MT (USD 2.84/MT change WoW)
APW1: USD 275/MT (USD 0.89/MT change WoW)
AGP1: USD 266/MT (USD 8.53/MT change WoW)