Blog Post

Feedgrain Focus: ASW holds in softening market

Picking up grain on farm at Caragabal south of Forbes in NSW earlier this year. Photo: Tripodi Transport

ASW WHEAT has held its value in an otherwise softening market which is reflecting offshore moves and largely bright prospects for Australia’s new-crop production.

While barley and SFW wheat prices are under pressure in the global complex from new-crop Northern Hemisphere corn, current-crop ASW wheat appears to be holding its own, despite the uptick in grower selling.

Trade sources report increased activity in new-crop wheat sales, with SFW grades starting to trade in the north, and…

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