# Feedgrain Focus: Wheat, barley spread narrows in thin market - Grain Central

> Grain Central's feedgrain report says the wheat-barley spread narrowed in a thin market, with harvest deliveries slowed by weather but consumers largely covered into January. Indicative delivered prices show Downs barley at A$273 and Downs wheat at A$304 per tonne, while sorghum rose to A$370.

- Date: 2020-12-03 · published 2020-12-03T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/49707-feedgrain-focus-wheat-barley-spread-narrows-in-thin-market-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

A narrower wheat-barley spread and rising sorghum prices shift feed substitution economics, and thin trading with heavy on-farm storage points to limited near-term price pressure.

## Read by commodity

- WHEAT: neutral
- BARLEY: neutral
- SORGHUM: bullish ▲

## Sources

- graincentral.com: https://www.graincentral.com/markets/feedgrain-focus-wheat-barley-spread-narrows-in-thin-market/

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