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Australian domestic buyers are missing harvest purchases as grain moves into export and protein markets. Chickpea prices fell from A$1040 to A$750 delivered Dalby since early November, and barley is trading at A$186 delivered Darling Downs feedlots.
Harvest-time export flows and a bumper crop (about 9 Mt barley forecast) weigh on domestic feed grain prices.
beefcentral.comJames NasonNov 24, 2016Not 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.
