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Wheat, barley and sorghum prices in Australia dropped about $10 per tonne in the past week, following lower US futures and rain in Western Australia. Grower selling remains limited and old-crop supplies are tight.
Lower US futures and improved Western Australian prospects soften feedgrain values, though tight Australian supply limits the downside.
graincentral.comLiz WellsJul 4, 2019Not enough comparable past events yet for a historical read.
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.
