# Feedgrain Focus: Prices hold after rain - Beef Central

> 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.

- Date: 2020-01-24 · published 2020-01-24T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/55140-feedgrain-focus-prices-hold-after-rain-beef-central
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

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.

## Read by commodity

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

## Sources

- beefcentral.com: https://www.beefcentral.com/lotfeeding/feedgrain-focus-prices-hold-after-rain/

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