# Feedgrain Focus: Prices drop $10/tonne on US softness, WA rain - Grain Central

> 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.

- Date: 2019-07-04 · published 2019-07-04T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/58157-feedgrain-focus-prices-drop-10-tonne-on-us-softness-wa-rain-grain-central
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower US futures and improved Western Australian prospects soften feedgrain values, though tight Australian supply limits the downside.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼
- SORGHUM: bearish ▼

## Sources

- graincentral.com: https://www.graincentral.com/markets/feedgrain-focus-prices-drop-10-tonne-on-us-softness-wa-rain/

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