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South Australian barley prices have traded mostly sideways over recent weeks despite falling global grain prices, with basis improving as grower selling stayed light. China remains absent from the Australian barley market, and the duties on barley remain under a WTO dispute, making normalisation a longer process.
Australian barley stays at a steep discount to world prices without Chinese demand, supporting export competitiveness if new buyers emerge, while the weakening US corn trend caps the broader feed complex.
stockjournal.com.auEd Scamps, Cloudbreak Grain MarketingMar 16, 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.
