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Sorghum harvest in northern New South Wales and southern Queensland is reporting strong yields, with some areas in double digits and 6-7 t/ha common. Growers are weighing whether to market now or hold large stocks, and domestic northern buyers are well supplied with wheat and barley.
Abundant supply and a stable but lacklustre market point to limited near-term price support for Australian sorghum, with the export pull shifting south.
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.