# Strap in for the annual volatility rollercoaster - Grain Central

> Queensland and northern New South Wales received their first significant rain of 2019 after an extremely dry summer, benefiting late sorghum and cotton crops. Soil moisture across most Australian grain districts remains below normal.

- Date: 2019-03-19 · published 2019-03-19T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/59930-strap-in-for-the-annual-volatility-rollercoaster-grain-central
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Rain helps late Australian sorghum and sets up winter crop planting, but the crops are small and prospects remain weak, so impact on global sorghum prices is limited.

## Read by commodity

- SORGHUM: neutral

## Sources

- graincentral.com: https://www.graincentral.com/markets/strap-in-for-the-annual-volatility-rollercoaster/

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