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Australian feedgrain values softened in the week to March 30 as export buyers faced more competition from Black Sea cargoes and domestic demand was limited. Indicative Downs barley was unchanged at A$415/t while sorghum fell to A$420/t from A$425/t.
Heavier Black Sea competition weighs on Australian export feedgrain values, and sorghum weakness reflects grower selling that may pressure feed prices in the near term.
ukragroconsult.comMar 31, 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.
