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GrainCorp says feedlot demand in Queensland and NSW is consuming eastern Australia's large on-farm grain stocks faster than expected. Eastern wheat and barley prices are almost $100 a tonne above WA values, and the market may turn to Western Australia for supply.
GrainCorp's six-month net profit fell to $5 million amid a global grain glut.
Strong domestic feed demand and concern over dry northern crops are tightening eastern Australian grain, which supports local feed prices and may pull WA grain east.
farmonline.com.auAndrew MarshallMay 14, 2026Not 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.
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.
