Blog Post

Feedgrain Focus: Rain reignites southern inverse

More rain and flooding in parts of NSW and Victoria is further delaying harvest in districts including Narrabri. Photo: Shaine Maunder, JM Harvesting

COMPOUNDING effects of rain and flooding are driving apart prompt and new-crop prices in southern markets as harvest delays and logistics issues confound any hopes of volume off-the-header business for the rest of this month.

In the northern market, values have softened as new-crop from Queensland and pockets of northern New South Wales provide sufficient volume to cover consumers’ nearby needs.

Grade spreads for milling wheat and malting…

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