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AEGIC told international feed buyers that sprouted wheat is nutritionally similar to unsprouted wheat unless sprouting is extensive. Rain at harvest caused widespread downgrading in NSW, and AEGIC is running webinars for Asian customers.
Buyers can use downgraded sprouted wheat in feed rations, adding available feed supply at discounted prices and reducing demand for other feed grains in Asia.
graincentral.comGrain CentralJan 28, 2022After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.
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.
