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.
Australia's wheat harvest will rebound, a little, this year, encouraged by a rise in area, although the increase will prove too small to prompt an improvement in exports, US officials said.
Rains slowed the start to US corn plantings by more than most investors had expected, but the market remained sanguine about prospects, despite talk of southern farmers switching to later-sown crops.
US officials raised the bar on forecasts for the European Union wheat harvest, seeing another crop above 150m tonnes, and were upbeat over exports too - provided former Soviet Union competition does not prove too great.
Forecasts for rain for the drought-troubled US Plains, and a flying start for spring wheat sowings, trumped data showing a decline in the condition of winter wheat to put further pressure on prices.
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.