Harvesting wheat in Victoria’s northern Wimmera district this week after a rain delay. Photo: Julia Hausler
PRICES for feed wheat and barley have fallen in the past week as bigger-than-expected yields hit the bins in Victoria, and some in the northern trade quit their long positions.
Modest buying from stockfeed millers on both grains has also contributed to the drop as consumers sit back on adequate near-term coverage, and hopes that lower-quality grain at discount prices will hit the market early next year.
A hectic export program for barley to China and wheat to a variety of…
