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Feedgrain prices in south-eastern Australia dropped $15-$25 per tonne in the past week on softer offshore markets and ready availability. Northern values for white grains held firm as harvest and planting kept grain on farm scarce in southern Queensland and northern NSW.
Easing southern feedgrain values lower the cost of feed for buyers in the south, while tight northern supply keeps delivered prices firm there. Sorghum and wheat direction diverges by region.
ukragroconsult.comJun 23, 2022Not 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.
