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Southern Queensland and northern NSW sorghum growers have welcomed a drier forecast after recent wet harvests. Freight and labour conditions are expected to tighten as the summer crop harvest approaches, adding pressure to logistics.
Early sorghum supply entering the container market, combined with tight freight and labour, can raise logistics costs and affect export competitiveness for Australian sorghum. The drier outlook reduces the risk of further quality losses.
theland.com.auTyson Hosie, Cargill AwbFeb 7, 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.
