# Australuia: Growers give sagging market cold shoulder

> Feed grain prices in Australia fell up to A$20/t in the week as Northern Hemisphere harvest pressure weighed on global values. Barley Downs prompt fell to A$365 and sorghum to A$328, while cold weather trimmed crop growth in parts of the grain belt.

- Date: 2024-07-19 · published 2024-07-19T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/29336-australuia-growers-give-sagging-market-cold-shoulder
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Northern Hemisphere harvest supply weighs on export feed grain values, while tight south-eastern stocks limit the downside for barley and sorghum.

## Read by commodity

- BARLEY: bearish ▼
- SORGHUM: bearish ▼

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/australuia-growers-give-sagging-market-cold-shoulder/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.