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Barley production in southern Queensland is forecast to fall 10% to around 85,000 tonnes due to dry weather. Plantings have been greatly reduced, with one grower cutting his barley area from 120 to 23 hectares under irrigation.
Small regional barley output in Queensland tightens local feed grain supply, supporting prices for northern feedlots that rely on local grain.
queenslandcountrylife.com.auHayley KennedyJun 21, 2019Not 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.
