# Australia: Prices jump after wet week for sorghum

> Australian wheat, barley and sorghum prices rose at least A$10 per tonne in the week to April 4, driven by rain on ripe Downs sorghum that caused shelling and sprouting. Trade sources reported at least three 50,000-tonne sorghum cargoes penciled in to load in Brisbane for China.

- Date: 2024-04-04 · published 2024-04-04T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/30797-australia-prices-jump-after-wet-week-for-sorghum
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Rain damage reduces top-grade sorghum availability and supports prices, while Chinese export demand adds further upward pressure. Quality downgrades may push buyers toward wheat and barley substitutes.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-12-01 | [Australia: Widespread downgrades likely after rain](https://feedsoft.ai/events/32768-australia-widespread-downgrades-likely-after-rain.md) | +1.0% | -0.2% |
| WHEAT | 2023-08-30 | [Australian wheat prices improve as expected production declines. \| Farm Weekly \| WA](https://feedsoft.ai/events/34522-australian-wheat-prices-improve-as-expected-production-declines-farm-weekly-wa.md) | +0.2% | +1.5% |
| WHEAT | 2022-07-28 | [How big will Western Australia's wheat crop be? - Grain Price News](https://feedsoft.ai/events/40444-how-big-will-western-australia-s-wheat-crop-be-grain-price-news.md) | +4.6% | +0.7% |
| WHEAT | 2024-02-02 | [Focus on Australia - 2024](https://feedsoft.ai/events/31612-focus-on-australia-2024.md) | -1.6% | -8.9% |
| WHEAT | 2020-04-16 | [Winter Crop Prospects Improve Across Australia](https://feedsoft.ai/events/53577-winter-crop-prospects-improve-across-australia.md) | -1.8% | -2.2% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/australia-prices-jump-after-wet-week-for-sorghum/
- graincentral.com: https://www.graincentral.com/markets/feedgrain-focus-prices-jump-after-wet-week-for-sorghum/

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