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Australian barley prices have been broadly unchanged over the past month, with Outer Harbour steady at $320 a tonne. US corn futures have fallen about 73.5 cents a bushel since their February 19 contract high, weighed by US tariffs on Mexico and China and faster Brazilian planting.
Barley's competitiveness is supported by a weak Australian dollar and local basis, while the corn downtrend limits upside in feed grain pricing.
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.