# No price is ever too high for a bull - Grain Central

> Queensland received heavy rain after a dry January, and Chinese buyers returned to the market and lifted sorghum offers. Values rose about $10 per tonne week on week, and buyers remained willing to pay higher prices. Growers view the rain as a foundation for winter crop plantings.

- Date: 2018-03-06 · published 2018-03-06T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/66067-no-price-is-ever-too-high-for-a-bull-grain-central
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Renewed Chinese demand supports Australian sorghum prices, while rain improves the outlook for winter crops and could ease future supply concerns.

## Read by commodity

- SORGHUM: bullish ▲

## Sources

- graincentral.com: https://www.graincentral.com/markets/no-price-is-ever-too-high-for-a-bull/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.