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Australian feedgrain prices held steady over the past week as ships and rail moved grain from South Australia and sorghum planting hopes kept bids in check. Northern NSW winter crops were judged beyond recovery and many growers were waiting for rain before planting sorghum.
Steady Australian feedgrain supply and the prospect of a sorghum crop limit upside in local feed prices, though poor winter crops keep the longer-term outlook tight.
beefcentral.comGuest AuthorSep 13, 2018Not 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.
