Blog Post

Feedgrain Focus: North sinks, southern wheat firms

H2 wheat is delivered to GrainCorp’s Goondiwindi West site today. Photo: Dave Beare

PRICES for white grains in the north softened last week as harvest sputters along in Queensland amid some patchy rain and widespread boggy conditions.

In the south, prompt wheat has rallied as the latest rain event further delays harvest progress and shorts fight it out to secure what limited grain can be found in the prompt market.

Flooding in parts of New South Wales and Victoria is thwarting the movement of grain, and a front now moving east across the states looks to further delay the start of the…

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