# Australia: Barley travels north to narrow spread

> Barley from southern New South Wales is pricing into the Downs market, narrowing the spread with northern markets ahead of new crop. Cheaper road freight rates, now about 12c/km versus 15-17c/km earlier, are enabling southern barley to move north, while sorghum values have bounced as northern supplies shrink.

- Date: 2023-06-02 · published 2023-06-02T12:00:00.000Z
- Category: logistics · region Australia · magnitude low
- Page: https://feedsoft.ai/events/35548-australia-barley-travels-north-to-narrow-spread
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Lower freight costs and shifting regional flows ease northern Australian feed grain tightness, weighing on local barley and sorghum basis.

## Read by commodity

- BARLEY: bearish ▼
- SORGHUM: bullish ▲

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/australia-barley-travels-north-to-narrow-spread/

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