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Australian barley traded sideways on solid feedlot demand while low-protein wheat softened on subdued export interest. Indicative prices for barley, sorghum and wheat were mostly flat to lower versus late April, and winter planting was progressing in mostly ideal conditions.
Steady feedlot buying supports barley, while softer wheat and sorghum values give feed users cheaper alternatives in the near term.
graincentral.comLiz WellsMay 5, 2023Not 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.
