# Sorghum prices climb, wheat and barley slide | Queensland Country Life | QLD

> Wheat and barley prices fell in Queensland last week as southern crops came in better than expected. Sorghum prices kept climbing on trader short covering. ABARES raised its 2020-21 winter crop estimate to 51.5 million tonnes, and Queensland sorghum area is forecast to rise 22% above the 10-year average.

- Date: 2020-12-07 · published 2020-12-07T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/49628-sorghum-prices-climb-wheat-and-barley-slide-queensland-country-life-qld
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Heavier southern wheat and barley supplies are weighing on Australian feed grain prices. Sorghum is firming on short covering and a larger planted area that could limit future supply.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼
- SORGHUM: bullish ▲

## Sources

- queenslandcountrylife.com.au: https://www.queenslandcountrylife.com.au/story/7043843/sorghum-prices-climb-wheat-and-barley-slide/

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