Loading…
Australian feedgrain values softened over the past week as offshore corn and lower-protein wheat prices slid and patchy rain fell across the grainbelt. Northern barley harvest pressure is building, with yields reported high and quality good.
Domestic buyers are purchasing barley hand to mouth, expecting lower-protein wheat to be offered competitively.
Lower offshore corn and wheat values and harvest selling pressure point to softer Australian feed grain prices near term. Buyers delaying purchases for cheaper new-crop wheat and barley could keep domestic prices under pressure.
graincentral.comLiz WellsOct 14, 2021Not 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.
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.
