# Feedgrain Focus: Nearby jumps as rain tightens supply - Grain Central

> Storms interrupted harvest across southern Queensland and northern New South Wales in the past week, slowing or stopping harvest and making trucking difficult. Local feedgrain prices rose for barley, wheat and sorghum, with the nearby inverse reviving ahead of new crop expected mid-November.

- Date: 2020-10-29 · published 2020-10-29T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/50704-feedgrain-focus-nearby-jumps-as-rain-tightens-supply-grain-central
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Rain-delayed harvest tightens near-term supply of feed grains in eastern Australia, supporting domestic barley, wheat and sorghum prices for feed buyers.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-10-13 | [Feedgrain Focus: Rain limits access, lifts prices - Grain Central](https://feedsoft.ai/events/39200-feedgrain-focus-rain-limits-access-lifts-prices-grain-central.md) | +3.8% | +4.5% |
| WHEAT | 2018-05-24 | [Feedgrain focus: Dry in NSW drains stored reserves - Grain Central](https://feedsoft.ai/events/65132-feedgrain-focus-dry-in-nsw-drains-stored-reserves-grain-central.md) | -0.8% | -2.2% |
| WHEAT | 2019-08-30 | [Feedgrain Focus: Trade slows as crunch nears for borderline crops - Beef Central](https://feedsoft.ai/events/57652-feedgrain-focus-trade-slows-as-crunch-nears-for-borderline-crops-beef-central.md) | -2.8% | +0.9% |
| WHEAT | 2019-10-10 | [Feedgrain Focus: Flat to lower on rain forecast for sorghum areas - Grain Central](https://feedsoft.ai/events/56620-feedgrain-focus-flat-to-lower-on-rain-forecast-for-sorghum-areas-grain-central.md) | +4.1% | +1.9% |
| WHEAT | 2022-11-17 | [Feedgrain Focus: Rain reignites southern inverse - Grain Central](https://feedsoft.ai/events/38798-feedgrain-focus-rain-reignites-southern-inverse-grain-central.md) | +1.0% | -0.5% |

## Sources

- graincentral.com: https://www.graincentral.com/news/feedgrain-focus-nearby-jumps-as-rain-tightens-supply/

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