Blowing dust while planting wheat at Burcher in central NSW earlier this week. Photo: Adrian Blampied
FEED wheat and barley has traded sideways to firmer in the past week, with limited grower selling supporting values.
Deteriorating elevator margins for eastern Australian exporters show no sign of improving, particularly with news out overnight that the Black Sea grain corridor will remain open into July.
This has lifted volumes being offered from the trade, which is keen to push additional tonnage held up-country into the domestic market as the appeal of bulk export wanes.
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