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Early sorghum harvest in Queensland is showing test weight problems, with some growers finding grain pulling up light. Nidera's origination manager says it is too early to judge, but a small crop with mediocre quality is likely after a reduced planting area and a hot, dry summer.
Lower sorghum supply and weaker quality (more screenings, fewer number one grades) tighten feed grain availability in Australia and support prices of sorghum and competing feed grains.
graincentral.comHenry WellsFeb 15, 2017Not 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.
