# Feedgrain Focus: Markets flat as sorghum ramps up - Grain Central

> Australian feedgrain prices were flat in late February, with grower selling slowing and wheat and barley easing in the north. Sorghum harvest in northern Australia is gaining pace, with early loads mostly going to domestic consumers.

- Date: 2024-02-29 · published 2024-02-29T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/31723-feedgrain-focus-markets-flat-as-sorghum-ramps-up-grain-central
- 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

Thin export and domestic demand and rising new-crop sorghum supply point to soft Australian feedgrain prices in the near term.

## Read by commodity

- WHEAT: neutral
- BARLEY: neutral
- SORGHUM: bearish ▼

## Sources

- graincentral.com: https://www.graincentral.com/markets/feedgrain-focus-markets-flat-as-sorghum-ramps-up/

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