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South Australian feed barley prices slid to about $300 a tonne at Outer Harbour, as barley vessel shipments front-loaded in November and December have faded. Black Sea feed barley is also undercutting Australian origin into Asia, and malt premiums have narrowed from October highs.
Falling Australian barley values and competitive Black Sea supply weigh on Asian feed grain prices. Buyers can expect continued softness unless export demand picks up.
stockjournal.com.auEd Scamps, Cloudbreak Grain MarketingFeb 16, 2024Not 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.
