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Northern Australian feed barley prices are climbing back toward A$400 a tonne delivered to Darling Downs feedlots, up more than A$40 since early March. Traders are drawing supplies from as far as central west NSW, and interstate shipment talk has returned ahead of the September local harvest.
Tight nearby supplies and firmer feed barley and sorghum prices raise feed costs for Queensland feedlots until the new crop arrives. Interstate shipments could ease the tightness if they materialise.
queenslandcountrylife.com.auLloyd George, Ag ScientiaApr 21, 2024Not 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.
