Welcome to Glencore Grain
Glencore Grain, a subsidiary of Glencore, has been operating in Australia for more than 10 years.
Glencore Grain is one of the largest buyers of wheat, barley, oilseeds, pulses, meals and cotton direct from Australian growers, with accumulation offices located across five key growing states; Western Australia, South Australia, Victoria, New South Wales and Queensland.
Glencore Grain has one of the world’s leading marketing and logistics networks for Australia’s commodities. Our strong relationship with growers allows us to effectively service domestic and international end-use customers.
Glencore Grain offers a range of flexible and simple marketing options to growers, including cash and forward contracts. Our financial strength, together with our global marketing and logistics network, ensures that growers can feel confident marketing with Glencore Grain.
In southern Australia, our wholly owned subsidiary, Viterra, provides the storage and handling network spanning key growing regions. This well established network has been serving customers for more than 50 years.
Australia cut its forecast for wheat exports to a five-year low, flagging reduced domestic harvest expectations and a dent to world trade overall from reduced Chinese import needs.
Australia lowered its outlook for wheat production as dry weather in parts of the country's east may curb yields in the world's fifth-biggest exporter.
Canadian crop inventories swelled strongly last season, but did not build nearly as far as investors had thought, official data showed, sparking some rise in canola futures.
The UK wheat harvest, entering its final stages, looks ever more certain to set a yield record, but late-summer rains are beginning to take a toll on quality.
This material was not prepared by or on behalf of Glencore Grain and is provided as an information service only. It should not be construed as an endorsement of any associated organisation, product or service nor construed as the opinion of Glencore Grain. Although care has been taken to provide suitable material from the source of the material, no guarantee can be given about the suitability, completeness or accuracy of any of the material. Glencore Grain does not accept any responsibility for the content of the material.