Wheat and barley prices in Australia firmed over the past week, with February Brisbane wheat around A$445-447/t and barley up to A$400/t. Sorghum for March-April delivery held at A$500-510/t amid limited Central Queensland supplies and drought in southern Queensland and northern NSW.
Drought-limited sorghum and firm wheat and barley values raise the cost of feed grain for Australian livestock buyers, with rain not yet changing the supply outlook.
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.