Blog Post

Feedgrain Focus: Wet weather hits market confidence

Wet paddocks near the Bogan River southwest of Narromine in New South Wales. Photo: Mick Harris

WHEAT, barley and sorghum prices have continued to fall with wet weather conditions in southern Queensland and New South Wales adding to the already cemented market hesitancy across the board.

The uncertainty around new crop prospects has reduced the number of growers in the market, especially in the areas worst hit by the recent rainfall.

Old crop movements have also been constrained by the weather, with wet farms affecting the ability to execute grains contracts.

The continuing influence of…

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