Grain Focus Monthly report – August 2019

This month we have seen Options on Eastern Australia Wheat trade for the first time since July 2017. We saw the 325 and 330 puts trade.

Additionally there has been activity in the Eastern Australia Wheat vs Barley spread. Barley now has the highest Open Interest since 2016.

Figure 1: ASX EC price (Sept19 expiry) and aggregated volume (monthly)