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.
Prices of higher protein US winter wheat will fall further next season, with soybean values on course for a nine-year low - contrasting with improvements on the cards for barley and corn, Abares said.
Corn plantings may prove a victim of "challenging" financial conditions facing Russian and Ukrainian farmers, SovEcon said, as farm operator Trigon Agri too cautioned over "serious" financing problems for growers.
Investors have got in wrong in lifting soybean prices, and punishing so severely futures in coffee, sugar and wheat, Rabobank said, foreseeing values of arabica beans poised to return near to 200 cents a pound.
Winter grains in parts of Russia and Ukraine "appear to be considerably affected by frost kill", in contrast with crops in the European Union which are "generally in good shape".
US soybean stocks will rise to a nine-year high next season, thanks to prospects for another strong harvest and a slowdown in import growth in China, the top buyer of the oilseed.
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.