# Feedgrain Focus: Prices rise as dry conditions add fuel to fire - Grain Central

> Dry conditions in eastern Australia pushed feed ingredient prices $10-20/t higher as animal feeders bought ahead. Cottonseed values rose as much as $45/t over two weeks, and southern NSW wheat rose about $10/t.

- Date: 2018-07-26 · published 2018-07-26T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/12410-feedgrain-focus-prices-rise-as-dry-conditions-add-fuel-to-fire-grain-central
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Drought-driven demand for feed grains, cottonseed and hay raises the cost of feed ingredients in Australia and supports cottonseed meal prices.

## Read by commodity

- CSM: bullish ▲
- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-09-09 | [Feedgrain Focus: Prices firm as thin crops turn to hay - Beef Central](https://feedsoft.ai/events/57196-feedgrain-focus-prices-firm-as-thin-crops-turn-to-hay-beef-central.md) | -0.8% | +4.6% |
| WHEAT | 2022-10-13 | [Feedgrain Focus: Rain limits access, lifts prices - Grain Central](https://feedsoft.ai/events/39200-feedgrain-focus-rain-limits-access-lifts-prices-grain-central.md) | +3.8% | +4.5% |
| WHEAT | 2019-08-01 | [Feedgrain Focus: Export demand, continuing dry bolster prices - Grain Central](https://feedsoft.ai/events/57696-feedgrain-focus-export-demand-continuing-dry-bolster-prices-grain-central.md) | -0.7% | -0.2% |
| WHEAT | 2018-05-24 | [Feedgrain focus: Dry in NSW drains stored reserves - Grain Central](https://feedsoft.ai/events/65132-feedgrain-focus-dry-in-nsw-drains-stored-reserves-grain-central.md) | -0.8% | -2.2% |
| WHEAT | 2023-06-19 | [Feedgrain Focus: Markets firm as dry north throttles sales - Beef Central](https://feedsoft.ai/events/35602-feedgrain-focus-markets-firm-as-dry-north-throttles-sales-beef-central.md) | +2.6% | +0.5% |

## Sources

- beefcentral.com: https://www.beefcentral.com/production/feedgrain-focus-prices-rise-as-dry-conditions-add-fuel-to-fire/
- graincentral.com: https://www.graincentral.com/cropping/feedgrain-focus-prices-rise-as-dry-conditions-add-fuel-to-fire/

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