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Australian new-crop barley prices dropped a few dollars per tonne in the past week to levels attracting domestic buyers and some export interest. Harvest is progressing steadily, though northern Mallee yields are well below average due to a dry spring.
Barley appearing to find a floor with export interest suggests support for prices, while weak northern Mallee yields limit available supply.
graincentral.comGuest AuthorNov 28, 2019Not 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.
