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GIWA projects 8.4 million hectares of Western Australian crops in 2018, up from 7.8 million last year. Barley plantings are expected to exceed 1.4 million hectares as feed barley prices passed $270 a tonne, with growers substituting barley for part of their wheat area.
Higher barley plantings in Western Australia would expand feed barley supply later in 2018, which could ease the recent price strength. The shift away from wheat also reflects relative feed grain pricing.
farmweekly.com.auStephanie SinclairApr 20, 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.
