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Southern Australian barley is under supply pressure as harvest tonnage reaches bulk-handling sites, with barley trading at a discount to wheat. Feedlots and regional mills are taking F1 and discounted F2 and F3 barley, and a Swan Hill trader reports prices down about $5/t in a week.
Heavy new-crop barley supply and a wider discount to wheat push feed barley values lower, making barley a cheaper rations option for southern Queensland and NSW feeders.
graincentral.comLiz WellsOct 31, 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.
