# Feedgrain Focus: Tight supply keeps inverse alive - Grain Central

> Australian feedgrain prices firmed in a thin market as hail and downpours disrupted harvest in southern Queensland and northern NSW. Growers are cutting crops for hay, tightening local grain supplies, and spot grain prices are rising.

- Date: 2019-10-03 · published 2019-10-03T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/56690-feedgrain-focus-tight-supply-keeps-inverse-alive-grain-central
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Tighter prompt supply and cutting of grain crops for hay keep the inverse between current and new-crop prices intact, supporting spot feed grain values until harvest pressure arrives in January.

## Read by commodity

- BARLEY: bullish ▲
- SORGHUM: bullish ▲

## Sources

- graincentral.com: https://www.graincentral.com/markets/feedgrain-focus-tight-supply-keeps-inverse-alive/

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