# Sorghum crop looks to turn back the clock | Local Grain Focus | The Land | NSW

> A weak Australian dollar has cushioned a softening global wheat market, while Western Australia's crop is deteriorating. Limited rain has kept local wheat flat to firm, and feed grain prices, including new-crop barley, have a bullish tone.

- Date: 2019-09-24 · published 2019-09-24T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/57152-sorghum-crop-looks-to-turn-back-the-clock-local-grain-focus-the-land-nsw
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Crop deterioration in Western Australia and a weaker Aussie dollar support Australian feed grain prices and make exports more competitive. Expected rate cuts could add further currency pressure.

## Read by commodity

- WHEAT: neutral
- AUDUSD: bearish ▼
- BARLEY: bullish ▲

## Sources

- theland.com.au: https://www.theland.com.au/story/6397658/sorghum-crop-looks-to-turn-back-the-clock/

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