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, sorghum 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.
Russian farmers are speeding ahead with corn sowings, even as their wheat seedings lag far behind the average - although it is too soon to determine whether this will be reflected in harvest volumes.
Hedge funds' dramatic turn less gloomy view on wheat price prospects has not been reflected in their thinking on ags overall, with corn and soybeans bearing the brunt of fresh bearish positioning.
For an increasing number of Indonesians, rice and noodles are no longer at the top of the menu. Bread is becoming a new food staple.
Frost and extreme wetness pose a threat to the condition of US wheat crops, even as ratings in hard red winter wheat country began to show improvement from the easing of drought.
Soybean futures dropped as the US forecast its inventories rebuilding at a faster pace than had been expected this season, but some limits to corn and wheat production prospects enabled a recovery in grain markets.
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.