# Feedgrain Focus: Values dip on grower selling, offshore moves - Sheep Central

> Australian feedgrain values for wheat, barley and sorghum eased in the week to June 7 as growers sold and offshore markets corrected. ABARES put the national wheat crop at 29.1Mt and barley at 11.5Mt, above many expectations. Downs barley and sorghum were quoted at about A$420 and A$350 per tonne.

- Date: 2024-06-07 · published 2024-06-07T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/29900-feedgrain-focus-values-dip-on-grower-selling-offshore-moves-sheep-central
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A larger-than-expected Australian crop adds to export supply and weighs on feedgrain values. Feed buyers can expect softer Australian barley and sorghum prices while growers keep selling.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼
- SORGHUM: bearish ▼

## Sources

- sheepcentral.com: https://www.sheepcentral.com/feedgrain-focus-values-dip-on-grower-selling-offshore-moves/

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