Blog Post

Feedgrain Focus: Prices slide as export buying thins

Some early canola goes into the ground on the outer slopes of south-central NSW. Photo: Emma Ayliffe

SUBDUED interest from export buyers facing increased competition from Black Sea cargoes has seen values for feedgrain soften this week.

Demand from domestic consumers is limited in the prompt market, with traders saying most offers from growers are for the July market, which will put income in the new financial year.

In the north, barley continues to hold its premium over wheat as the preferred grain for feedlots, and the sorghum market has weakened on grower selling swamping Chinese…

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