# Australia: Southern cereals ease, north holds 23.06.2022 - UkrAgroConsult

> 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.

- Date: 2022-06-23 · published 2022-06-23T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/40984-australia-southern-cereals-ease-north-holds-23-06-2022-ukragroconsult
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

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.

## Read by commodity

- WHEAT: neutral
- BARLEY: bearish ▼
- SORGHUM: bearish ▼

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/australia-southern-cereals-ease-north-holds/

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