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Western Australia's animal-feed sector is expanding, with feedmill capacity heading toward 1 million tonnes. Lupins make up 25-33% of ruminant pellets, and domestic demand is growing as the state exports about 90% of its grain.
Growing domestic feed demand in WA could absorb more local lupins, wheat and barley, modestly tightening export availability and supporting local grain prices.
graincentral.comLiz WellsOct 27, 2023Not 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.
