With the weather improving and deliveries kicking off across all zones, growers are starting to pick up on a few quirks in this season’s pricing game. Many are holding onto their grain, hoping for harvest rallies, while the big buyers are keeping pricing close to their chests until the early afternoon.
Typically, most major acquirers have indicative prices for all commodities available by midday during harvest. However, we are currently seeing this pushed back, potentially in a bid to flush out where the market might move to before committing to public bids.
Two top tips where DailyGrain can help you with this:
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Using the App for pricing updates – make a habit of jumping into the app to check early afternoon, or when you have ‘off the boards’ text messages hitting you directly, this will give an idea of where other Buyers might have moved to
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Become a DailyGrain Premium Member and use the price alerts tool to receive notifications when the commodity/grade combination you are aiming for starts moving. Set your Price Alerts just below your target to catch the right pricing at the right time.
The team at DailyGrain are happy to help you manage the changing timing and delivery of pricing data this season, give us on (08) 9416 6244.