Blog Post

Feedgrain Focus: Prices lift as dry creeps south

Wheat starting to ripen in Central Qld last week. Photo: Renee Anderson

WHEAT and barley have traded mostly higher this week as dry conditions move south in New South Wales to further limit grower selling.

Adding to the price rises is the weaker Australian dollar as small amounts of old crop are booked for shipment ahead of the wheat harvest which is about to start in Central Queensland.

In the north, more crops are being cut for hay as yield prospects slide and hay prices firm based on solid demand from feedlots, dairies and graziers.

In the south, light frost is forecast for some…

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