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Prices for meals and hay are rising in eastern Australia as graziers look for feed ahead of a delayed autumn break. Canola and cottonseed meal prices rose about 10 percent in two weeks.
Cottonseed is priced below feed barley as new cotton harvest supplies enter the southern market.
Strong grazier demand for protein and roughage lifts local meal prices, while new cottonseed supply limits gains and keeps it competitive with cereals.
graincentral.comHenry WellsMay 3, 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.
