# Aussie dollar, stronger futures drive grains market | Stock Journal | SA

> Australian cash wheat prices have recovered from late-January lows to about A$400-405/t at Outer Harbour, helped by a weaker Australian dollar and stronger futures. Demand for lower-grade wheat is firm, and grower selling has been reluctant.

- Date: 2023-03-03 · published 2023-03-03T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/36937-aussie-dollar-stronger-futures-drive-grains-market-stock-journal-sa
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Firmer Australian cash prices and a weaker Aussie dollar support export competitiveness and wheat values, while Black Sea uncertainty adds to the upside risk.

## Read by commodity

- WHEAT: bullish ▲

## Sources

- stockjournal.com.au: https://www.stockjournal.com.au/story/8104099/cheap-russian-wheat-caps-the-global-market/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.