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Western Australian wheat and barley arriving in Brisbane has eased the cash feedgrain market, with WA barley landing on the Darling at $405/t for Feb-March delivery, down $10/t in a week. Sorghum yield prospects in south Central Queensland are sliding under continuing hot, dry conditions, while sorghum in southern Queensland shows light test-weights and high screenings.
Cottonseed has firmed as drought feed demand rises.
Dry conditions cutting sorghum yields and lifting drought-feed demand support cottonseed meal and feed grain prices, while abundant imported WA grain caps wheat and barley values for Australian feed buyers.
beefcentral.comGuest AuthorJan 31, 2019
graincentral.comGuest AuthorJan 31, 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.
