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Australian grain prices hit new seasonal lows on March 7, with Downs barley at A$365/t and Melbourne barley at A$310/t. Thin export demand and sharp futures falls drove the decline, while sorghum is firm on poultry demand.
Thin export demand and weak futures keep Australian feed grain prices under pressure, pointing to lower export-parity values.
Not enough comparable past events yet for a historical read.
Not 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.