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Australian sorghum bids rose about A$10 a tonne as the Australian dollar fell below US$0.60, and Chinese buyers increased interest amid the US tariff dispute. Southern wheat and barley bids also rose A$5-10 a tonne to compete for export business.
A weaker Aussie dollar makes Australian grain cheaper for export buyers, supporting feed grain prices and export demand.
graincentral.comLiz WellsApr 9, 2025Not enough comparable past events yet for a historical read.
After 57 past bullish macro events, WHEAT moved a median +0.3% over 5 sessions (65% higher; middle half -0.5% to +1.7%), and -0.7% over 20.
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.
