# Queensland sorghum prices fall amid weak export demand | Queensland Country Life | QLD

> Southern Queensland sorghum bids have fallen $25 a tonne over five weeks to $340 delivered Brisbane, from about $365 in late May. Export demand is sluggish, and Australia's 2024 harvest of 2.2mt leaves a large export surplus. Shipments since March are about half of last year's pace, mostly to China.

- Date: 2024-07-14 · published 2024-07-14T12:00:00.000Z
- Category: trade · region Australia · magnitude low
- Page: https://feedsoft.ai/events/29342-queensland-sorghum-prices-fall-amid-weak-export-demand-queensland-country-life
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

A large exportable surplus combined with weak buying from China keeps downward pressure on sorghum prices and undercuts feed grain values in the wider market.

## Read by commodity

- SORGHUM: bearish ▼

## Sources

- queenslandcountrylife.com.au: https://www.queenslandcountrylife.com.au/story/8688928/queensland-sorghum-prices-fall-amid-weak-export-demand/

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