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Feedlots pricing new-crop wheat are basing bids on Central Queensland wheat due from September, where crops were planted on time into good moisture and benefited from follow-up rains. A trade source expects Sep-Oct Downs wheat to fall to $390-$400/t from current $420-$430/t, while January 2020 delivered Downs wheat is quoted at $380-385/t.
Yield prospects in northern NSW remain uncertain without further soaking rain.
Good CQ planting conditions and expected harvest supply point to cheaper new-crop wheat for feedlots, pressuring the old-crop premium on the Downs. Buyers should expect lower feed wheat costs into the 2020 season if rains hold.
beefcentral.comGuest Author28 Jun 2019Setelah 334 peristiwa cuaca bearish sebelumnya, Gandum (SRW) bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -1,9% sampai +1,7%), dan -0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
