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The sorghum harvest in northern New South Wales and southern Queensland has accelerated, pushing wheat and barley from grower stores into the market. Sorghum shipping is expected to start in March, with a first vessel booked to load.
Heavy sorghum selling as above-average yields pressure on-farm storage is likely to weigh on Australian sorghum prices.
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.