Worsening drought in New South Wales is lifting feedgrain values, which appear to have reached a ceiling of about $400 per tonne delivered Darling Downs. Graziers in northern, central and parts of southern NSW are buying feed hand-to-mouth for sheep and cattle as pastures dwindle and hay supply tightens.
Cottonseed prices are about $50/t higher since April on strong grazier demand, while the export market is slow because Australian cottonseed is uncompetitive at current values.
Drought-driven grazier demand is tightening Australian feedgrain and cottonseed supplies and supporting local prices, with hand-to-mouth buying adding a premium. Export competitiveness for cottonseed is being squeezed, which may keep domestic values firm.
Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
Tras 1072 eventos alcista de clima pasados, Trigo (SRW) se movió una mediana de +0,2 % en 5 sesiones (55% al alza; mitad central entre -1,4 % y +2,3 %), y +0,3 % en 20.
Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.