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Reid Stockfeeds reports Victoria's 2023/24 harvest produced mixed grain quality, with high moisture, low test weights, low falling numbers and weed seed issues in the Western district. The national crop is described as a success despite disappointing results in Queensland and New South Wales.
Quality downgrades in parts of Victoria may limit usable feed-grade supply locally, though the overall national crop is considered adequate for domestic needs.
reidstockfeeds.com.auMarcus GibbsFeb 6, 2024After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% over 20.
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.
