NORTHERN markets for wheat and barley have dropped this week amid lacklustre export demand and comfortable coverage for domestic consumers.
In the south, prices moved have been mixed and moderate, with export more active by comparison.
“Markets are feeling soft, mainly due to lack of demand at the moment,” one trader said.
“China has been inactive so far in 2024, and Russian wheat is being offered aggressively into the market; globally, the market is feeling bearish.
Today | Feb 1 | |