# Feedgrain Focus: Rain reignites southern inverse - Grain Central

> Rain and flooding in parts of New South Wales and Victoria are delaying the harvest, widening the gap between prompt and new-crop feedgrain prices in southern Australian markets. Grade spreads for milling wheat and malting barley over feed have widened, and cottonseed prices have risen on flood-related logistics problems in New South Wales. Northern domestic feedgrain values eased $5-$10/t as new-crop harvest advanced in Queensland and northern NSW.

- Date: 2022-11-17 · published 2022-11-17T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/38798-feedgrain-focus-rain-reignites-southern-inverse-grain-central
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Harvest delays and flood-hit logistics tighten prompt supply in the south, supporting nearby feed grain and cottonseed values while new-crop northern supply pressures northern prices lower. Feed buyers face a regional price split that depends on transport access.

## Read by commodity

- CSM: bullish ▲
- WHEAT: bullish ▲
- BARLEY: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-11-18 | [Australia: Rain reignites southern inverse](https://feedsoft.ai/events/38800-australia-rain-reignites-southern-inverse.md) | +0.8% | -0.4% |
| WHEAT | 2018-05-24 | [Feedgrain focus: Dry in NSW drains stored reserves - Grain Central](https://feedsoft.ai/events/65132-feedgrain-focus-dry-in-nsw-drains-stored-reserves-grain-central.md) | -0.8% | -2.2% |
| WHEAT | 2022-10-13 | [Feedgrain Focus: Rain limits access, lifts prices - Grain Central](https://feedsoft.ai/events/39200-feedgrain-focus-rain-limits-access-lifts-prices-grain-central.md) | +3.8% | +4.5% |
| WHEAT | 2021-06-18 | [Feedgrain Focus: Sorghum wriggles into rations - Beef Central](https://feedsoft.ai/events/46648-feedgrain-focus-sorghum-wriggles-into-rations-beef-central.md) | -7.5% | -11.2% |
| WHEAT | 2018-12-06 | [Feedgrain Focus: Interstate wheat shapes up on value - Grain Central](https://feedsoft.ai/events/61624-feedgrain-focus-interstate-wheat-shapes-up-on-value-grain-central.md) | -0.1% | +1.5% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/feedgrain-focus-rain-reignites-southern-inverse/

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