# Feedgrain Focus: Prices rally on wait for Victorian volume - Grain Central

> Australian feedgrain prices rallied, with prompt sorghum up by as much as $25/t in the past week and northern wheat up $5-10/t, while barley held firm. Buyers are waiting for Victorian grain and first new-crop vessels with SA and WA wheat and barley due in Brisbane and Newcastle late next month. Wheat on the Darling Downs traded at $425-430/t for November-December delivery amid strong demand and short positions.

- Date: 2019-11-14 · published 2019-11-14T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/56119-feedgrain-focus-prices-rally-on-wait-for-victorian-volume-grain-central
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Tight nearby supplies in northern Australia and delayed new-crop arrivals keep feed grain prices elevated for buyers until southern volumes reach market. Bushfire disruption to transport in south-east Queensland and northern NSW is adding to near-term premium pressure.

## Read by commodity

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

## Sources

- graincentral.com: https://www.graincentral.com/markets/feedgrain-focus-prices-rally-on-wait-for-victorian-volume/

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