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Australian feedgrain prices strengthened as growers were reluctant to sell forward and buyers continued steady purchases. Delivered wheat and barley prices moved in both directions week to week, with some old-crop tightness emerging.
Rail and port plans for bulk export are set to begin in November.
Limited grower selling and firm new-crop wheat values support Australian wheat prices, while mixed barley movements show a less uniform trend. Rail and port timing will shape export flows over the coming months.
graincentral.comLiz WellsOct 15, 2020Not 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.
