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Northern Australian wheat and barley prices dropped this week as export demand stayed thin and domestic buyers had adequate coverage. Traders said China has been inactive in 2024 and Russian wheat is being offered aggressively.
Weak export demand and aggressive Russian offers add pressure on Australian feed grain prices, and growers holding stocks may release them only if prices recover.
beefcentral.comLiz WellsFeb 12, 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.
