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Central Queensland sorghum harvest is about halfway through, with grain moving south to Darling Downs and Brisbane markets. On-farm prices fell about $20 per tonne over the past fortnight to around $280/t.
Ample local supply and falling prices ease feed sorghum costs for poultry and feedlot users, while China's anti-dumping probe on Australian barley weighs on export demand.
Not 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.