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Northern New South Wales dryland growers are considering summer sorghum plantings with farm-gate prices above A$400 a tonne. Agronomists flag low soil nitrogen after two large cereal crops and a urea supply problem earlier in the year, though urea prices have roughly halved from last year.
Strong sorghum prices encourage Australian planting, which could add future supply, while nitrogen shortages may limit yields and planted area.
theland.com.auJamie BrownSep 25, 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.
