Blog Post

Feedgrain Focus: Thin demand meets thinner selling

The first new-crop sorghum arrived into Broadbent sites at Moree (pictured) and Toowoomba this week. Photo: CHS Broadbent

WHEAT and barley have traded sideways in the past week as growers do their darnedest to keep supply-side pressure off the market.

This is masking the effect on price of lacklustre demand from the export market which has a decidedly softer tone, partly due to competition from the Black Sea and Argentina.

The tail end of harvest is dragging on in south-west Victoria and South Australia’s South East, with all cereals expected to be off by the end of next week, weather…

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