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Eastern Australian feedgrain prices moved mixed and modestly in the past week, with Downs barley at A$475 and Melbourne barley at A$462 per tonne. Traders report weaker export demand for SFW wheat, while barley looks short but expected to flow adequately as southern Australia tracks an average or better season.
Routine price moves with weaker wheat export demand and adequate barley supply suggest little near-term upward pressure on Australian feedgrain prices.
graincentral.comLiz WellsJun 9, 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.
