# Feedgrain Focus: Southern dry boosts local demand

> Dry conditions in South Australia and western Victoria have raised demand for feed barley, lifting up-country prices above weakening export values. Quoted values dropped roughly $5-$15 per tonne over the week, while sorghum firmed slightly. Some export-bound grain is being redirected to domestic buyers.

- Date: 2024-07-01 · published 2024-07-01T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/29847-feedgrain-focus-southern-dry-boosts-local-demand
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Domestic feed demand in southern Australia is absorbing grain that would otherwise be exported, tightening local supply while export values soften. Forecast rain could ease that demand.

## Read by commodity

- BARLEY: bullish ▲
- SORGHUM: bullish ▲

## Sources

- beefcentral.com: https://www.beefcentral.com/lotfeeding/feedgrain-focus-southern-dry-boosts-local-demand/

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