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CBH Group, the Western Australian bulk handler, has received 20.4Mt of grain this harvest, the first time it has passed 20 million tonnes. Feed barley was trading at $270/t and APW1 wheat at $380/t FIS Kwinana, with little grower selling.
Large Western Australian harvest volumes add export supply, and cheap feed barley could displace other origins, pressuring feed grain prices.
graincentral.comGrain CentralJan 3, 2022Not enough comparable past events yet for a historical read.
After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% 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.
