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Australian barley values were supported by a Saudi tender and short covering in the northern market, while export demand for early-shipment wheat was seen at all active ports. Indicative delivered prices rose for most wheat positions and for January barley, but fell for sorghum.
Export demand and tender buying support Australian wheat and barley values, while softer sorghum prices point to weaker demand for that feed grain.
graincentral.comLiz WellsSep 24, 2020Not enough comparable past events yet for a historical read.
After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
