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Northern NSW and Queensland wheat and barley prices fell sharply in the past week as harvest deliveries accelerated. Southern new-crop wheat firmed in line with world values, with Melbourne October wheat up $10 to $325.
Early harvest deliveries are weighing on northern Australian feed grain prices, while firmer southern wheat tracks global values. Growers are holding back forward sales in hopes of further gains if Northern Hemisphere dryness persists.
graincentral.comGuest AuthorOct 8, 2020Not 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.
