# Feedgrain Focus: Prices soften amid thin export demand - Beef Central

> 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.

- Date: 2024-02-12 · published 2024-02-12T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/31807-feedgrain-focus-prices-soften-amid-thin-export-demand-beef-central
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

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.

## Read by commodity

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

## Sources

- beefcentral.com: https://www.beefcentral.com/lotfeeding/feedgrain-focus-prices-soften-amid-thin-export-demand/

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