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Delivered Darling Downs wheat and feed barley prices peaked at $400/t this week, capped by export parity plus freight to Brisbane and trucking to the Downs. Sorghum delivered the Downs traded at $380-385/t, with the Dalby Bio-Refinery buying to cover requirements.
Tight regional feedgrain supply pushed prices to a ceiling set by import parity, signalling firm feed costs for Queensland feedlots and poultry buyers.
graincentral.comLiz WellsMay 18, 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.
