# Australia: Markets flat as sorghum ramps up

> Australian grain markets were flat, with grower selling slowing and wheat and barley prices easing in the north. Sorghum harvesting in northern Queensland and New South Wales gathered pace, with early loads mostly going to domestic users.

- Date: 2024-03-01 · published 2024-03-01T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/31260-australia-markets-flat-as-sorghum-ramps-up
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

A larger sorghum harvest adds supply to a thin market, which tends to pressure sorghum cash prices as harvest volumes build.

## Read by commodity

- SORGHUM: bearish ▼

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/australia-markets-flat-as-sorghum-ramps-up/

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