# Feedgrain Focus: Prices sink as market recalibrates - Grain Central

> 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.

- Date: 2021-12-16 · published 2021-12-16T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/11534-feedgrain-focus-prices-sink-as-market-recalibrates-grain-central
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

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.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼
- SORGHUM: bearish ▼

## Sources

- graincentral.com: https://www.graincentral.com/markets/feedgrain-focus-prices-sink-as-market-recalibrates/

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