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Southern Queensland wheat and feed barley bids have stabilised at $400-405 delivered Darling Downs after falling $75-80 a tonne since harvest. Sorghum slipped to around $375 as new-crop planting picks up after recent rain from Tropical Cyclone Kirrily.
Stabilising domestic feed grain prices and renewed end-user demand suggest firmer local feed costs, while good sorghum moisture supports the upcoming crop.
queenslandcountrylife.com.auLloyd George, Ag ScientiaFeb 4, 2024Not 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.
