# Feedgrain Focus: Harvest pressures prices, proteins surprise - Grain Central

> Wheat and barley harvest is at top pace in northern New South Wales, where growers are facing a well-covered domestic market. Lower-than-expected wheat protein is disappointing for premium milling sales, while lower barley protein has pushed more tonnage into malting. Indicative Downs barley fell to A$455 per tonne from A$460.

- Date: 2023-10-19 · published 2023-10-19T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/33721-feedgrain-focus-harvest-pressures-prices-proteins-surprise-grain-central
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Harvest selling pressure and a well-covered domestic market weigh on Australian feed grain prices. Lower protein shifts some barley into malting, leaving less feed-grade supply.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Sources

- graincentral.com: https://www.graincentral.com/markets/feedgrain-focus-harvest-pressures-prices-proteins-surprise/

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