Loading…
Northern Australian grain markets are weak at the start of 2024 as a large sorghum crop is expected, easing fears of tight supply after a smaller winter harvest. Buyers are covered through early 2024, and global feed grain prices have fallen after rain improved drought concerns in northern Brazil.
Expected large sorghum supply and easing Brazilian drought concerns point to lower feed grain prices for buyers in the near term.
queenslandcountrylife.com.auLloyd George, Ag ScientiaJan 14, 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.
