# Australia: South softens, north firms

> Southern Australian feedgrain prices eased a few dollars in the week to March 9 while northern prices firmed, as sorghum harvest sales dampened white grain selling. ABARES forecast 2023-24 wheat area falling to 11.8-12.5 million hectares and barley output at 9.9Mt.

- Date: 2023-03-13 · published 2023-03-13T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/36805-australia-south-softens-north-firms
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Forecast lower 2023-24 Australian wheat and barley output is supportive for prices later in the year, though current harvest pressure keeps near-term feedgrain values soft.

## Read by commodity

- WHEAT: neutral
- BARLEY: neutral
- SORGHUM: neutral

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/australia-south-softens-north-firms/

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