Clear News & Updates

CGX Trade Opportunities Report - April 15

April 15, 2019

Highlights

  • New SMS feature - Receive realtime SMS’s of trades in your port zone of any grades you have on offer.
  • Worried about counter party risk? - Never lose title of your grain until funds are received by the buyer with CGX's secure settlement.
  • There is no downside in having your warehoused grain on offer - It's free to offer and you can edit or cancel your offer at anytime before it trades
Call us on 1800 000 410 and offer your grain at your price

Trade stats for last week

  • 12 buyers bought through CGX - more searching
  • 12 grades traded
  • 4 commodities traded - wheat, barley, canola, chickpeas
  • 6 port zones traded around Australia
  • 2 seasons traded - 18/19 and 17/18

Another relatively diverse week for grain trading last week, although wheat in WA took up a larger proportion of trades this week. Again barley was in strong demand, particularly malt varieties through out Portland and Geelong zones, and Kwinana zone in WA. Buyers were again bidding strongly for canola throughout Victoria, resulting in solid trades above the best public numbers which is welcome news in the canola market at the moment.

If you have an offer in the market and are looking to sell soon, adjusting your offer price closer to public bids and giving your offer time to attract demand is likely to be a more profitable strategy than being a forced seller at cash values.




Receive realtime SMS’s of trades in your port zone of any grades you have on offer. This will keep you updated of nearby trading activity and provide you with REAL trade data so you can quickly make informed adjustments to your offers to give them the best chance of trading at your number.

See below examples of trades last week well above the best public bids on the day. If growers didn't have their grain on offer, they may never had known it had the potential to trade at the price they wanted. 







There is no downside in having your warehoused grain on offer - It's free to offer and you can edit or cancel your offer at anytime before it trades.

By having your offer out there on Clear Grain Exchange you will receive notifications of 'trades' of the same grade and location as your offer so you can monitor the real market (rather than public bids), and remember you are anonymous - so don't feel silly about putting your price out there no matter how optimistic it may be!

See summary charts of last weeks trades below. If you would like more detail on what has traded please click the recent trades link below or feel free to call the CGX team or your Authorised Agent.



Click here to view recent trades

     follow us on twitter & join the conversation

               @cleargrain for updates
               @cleargraintrade for live feeds of trades 

Protect yourself with Clear Grain Exchange

Once your grain trades in Clear Grain Exchange (CGX), the secure settlement process ensures you do not lose title of your grain until the buyer has paid.

This secure process is facilitated by an independent custodian so CGX never has ownership of grain or the funds, making CGX one of the most secure ways to trade your grain.

And the best part is this secure process all occurs within a maximum of 7 business days!

All industry levies and end point royalties are automatically deducted and a trade settlement notice delivered simultaneously.

CGX prides itself as an industry leader in efficient and secure payment. Click here for more information or call us on 1800 000 410.


 

New functionality - re-offer cancelled or expired offers

You can now conveniently re-offer your expired or cancelled offers via the My Offers tab by selecting “Closed” from the Offer Status drop down menu.

This feature was developed from feedback by users and will greatly improve efficiency of re-offering and help mitigate against making errors.


We encourage you to make the most of it and thanks for the feedback!

FREE TO REGISTER - FREE TO OFFER

There is no downside in offering your grain on CGX!

Free to register and free to offer your grain on Clear Grain Exchange. You can edit or cancel your offer at any time for free before it trades. 

A trade can only occur at the price you put on it (or higher), your offer is exposed to all buyers and if your grain trades you are protected by a secure settlement process that ensures you don't lose title of your grain until you are paid.

Therefore as long as you are happy with the price and amount of grain you put on offer, there is no downside in giving the exchange a go!

You can also authorise your trusted grain-marketing professional to act on your behalf on the exchange.

If you need help registering a Clear Grain Exchange account or offering your grain, please don’t hesitate to contact the CGX team on the details below or your Authorised grain marketing professional.

P: 1800 000 410
E: support@cleargrain.com.au
 
Forgotten your CGX password? Click here to reset

About Clear Grain Exchange

Clear Grain Exchange is an independent online platform where grain sellers can offer their grain, at their price, in an open market to all buyers. If the grain trades, a secure settlement process ensures sellers don't lose title until they're paid, within 7 days. Grain buyers benefit from more efficient accumulation given they are able to view parcels of grain ready for sale in a firm and live market. The exchange also ensures a robust paper trail of all orders and transactions. At time of settlement, appropriate levies, end point royalties, and any applicable fees associated with the storage provider are deducted, cutting down the paperwork into one simple transaction. Our aim is to foster competition at the farm gate and ultimately improve returns by creating an efficient market where all supply chain participants benefit. Think of Clear Grain Exchange as the share market for Australian Grain.

Facebook
Twitter
Email

CAUTION: This email, and any files transmitted with it, may be confidential and may also be legally privileged. If you are not the intended recipient, any use, review, dissemination, distribution or reproduction of this message, or its attachments, is prohibited. We accept no responsibility or liability for viruses or anything similar in this email or any attachments. If you have received this email in error, please notify the sender immediately and destroy the original message. Any information in the content of this email or attachments is general in nature without regard to any individual objectives, financial situation or needs. We exclude, to the fullest extent permitted by law, all liability for any loss or damage of any kind however rising in relation to this information, including any reliance on it or making any transaction in connection with any information or strategy mentioned in it.
 

Don't want to receive emails from Clear Grain Exchange?
You can 
unsubscribe from this list

CGX Trade Opportunities Report - April 8