Market Update VIC/NSW
The Flexi Grain team are currently assisting growers with exfarm grain into local delivered markets.
MARKET UPDATE 26/05/26
Wheat Prices – Spot / New Season Key Price Drivers:
Domestic:
- East Coast carry-over stocks → Bearish
- N-NSW & S-QLD (Drought + El Nino)→ Slightly Bullish
- VIC & SA & WA & SE-NSW → Bearish
International:
- High exporter carry-over stocks → Slightly Bearish
- Black Sea export reduction (Mar–Aug) → Slightly bullish
- China wheat crop condition → Slightly bullish
- US wheat New Season (53-> 46) & high exports → Bullish
- AUD/USD → Bearish (0.71-> 0.73)
- Canada + Black Sea + China Corn + EU-Canola -> Bearish
- Middle East -> Bullish short term -> Bearish mid-long term
Net Effect:
- Prices likely supported short term due to Middle East risk
- Downside into harvest driven by strong Northern Hemisphere production
Many Domestic consumers are now covered through to July.
Feel free to give me a call if you have on farm grain you are looking to price and deliver.
| Name | Position | Mobile | |
| Jarrod Tonkin | General Manager / NSW Regional Manager | 0408 321 123 | jarrod.tonkin@flexigrain.com.au |
| Dustin Lovell | VIC Regional Manager | 0428 861 988 | dustin.lovell@flexigrain.com.au |
| Sam Grieve | SA Regional Manager | 0400 688 515 | sam.grieve@flexigrain.com.au |
| Henry Vaughan | WA Regional Manager | 0497 259 113 | henry.vaughan@flexigrain.com.au |
