# Feedgrain Focus: Trade slows as crunch nears for borderline crops - Beef Central

> Trading volume in the New South Wales nearby grain market has slowed as buyers wait to learn the fate of drought-struggling crops. Western Australian wheat in the Brisbane FOT market fell $5-$10/t to about $386-$388/t, and new-crop Central Queensland wheat for feedlot use was booked at $420/t for October-November delivery.

- Date: 2019-08-30 · published 2019-08-30T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/57652-feedgrain-focus-trade-slows-as-crunch-nears-for-borderline-crops-beef-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Drought losses in northern NSW crops being cut for hay tighten feed grain supply and support barley and wheat prices for feedlot buyers. Softer spot prices this week reflect slower trade, but drought-hit supply limits downside.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-09-09 | [Feedgrain Focus: Prices firm as thin crops turn to hay - Beef Central](https://feedsoft.ai/events/57196-feedgrain-focus-prices-firm-as-thin-crops-turn-to-hay-beef-central.md) | -0.8% | +4.6% |
| WHEAT | 2020-10-02 | [Feedgrain Focus: Price moves mixed in thin trade - Beef Central](https://feedsoft.ai/events/50604-feedgrain-focus-price-moves-mixed-in-thin-trade-beef-central.md) | +1.9% | +3.6% |
| WHEAT | 2020-10-29 | [Feedgrain Focus: Nearby jumps as rain tightens supply - Grain Central](https://feedsoft.ai/events/50704-feedgrain-focus-nearby-jumps-as-rain-tightens-supply-grain-central.md) | -2.0% | -7.4% |
| WHEAT | 2019-05-30 | [Feedgrain focus: Buyers book tonnes ahead of forward crop fears - Grain Central](https://feedsoft.ai/events/59205-feedgrain-focus-buyers-book-tonnes-ahead-of-forward-crop-fears-grain-central.md) | +9.6% | +16.2% |
| WHEAT | 2023-06-19 | [Feedgrain Focus: Markets firm as dry north throttles sales - Beef Central](https://feedsoft.ai/events/35602-feedgrain-focus-markets-firm-as-dry-north-throttles-sales-beef-central.md) | +2.6% | +0.5% |

## Sources

- beefcentral.com: https://www.beefcentral.com/lotfeeding/feedgrain-focus-trade-slows-as-crunch-nears-for-borderline-crops/

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