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Australian feedgrain prices fell by up to A$20 per tonne as New South Wales growers sold discounted wheat. Prices for higher-grade wheat also fell with the large Victorian harvest, and the ASX January eastern wheat contract is down about A$60 since late November.
Heavy grower selling and large harvest supplies push feed barley, sorghum and wheat prices lower, which gives Australian feed buyers cheaper options in the near term.
graincentral.comLiz WellsDec 16, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
