# Feedgrain Focus: Wheat softens, barley holds - Grain Central

> 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.

- Date: 2023-05-05 · published 2023-05-05T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/36001-feedgrain-focus-wheat-softens-barley-holds-grain-central
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Steady feedlot buying supports barley, while softer wheat and sorghum values give feed users cheaper alternatives in the near term.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: neutral
- SORGHUM: bearish ▼

## Sources

- graincentral.com: https://www.graincentral.com/markets/feedgrain-focus-wheat-softens-barley-holds/

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