Blog Post

Feedgrain Focus: Small tonnage limits new-crop sales

A crop of the Reynolds Pastoral Company’s dual-purpose Illabo wheat ripening at Maimuru and judged this week in the Young Wheat Competition. Photo: Jeshua Smith, Growmore Ag

MODEST yields from the harvest to date are limiting traded volume as consumers sit on their hands and wait for bigger crops further south to hit the bins.

Wheat values in the northern and southern markets and barley in the north have softened as a result, while southern barley has firmed based on accumulation for boats booked to China.

Despite protein being surprisingly low for such a dry year, ample bread wheat is…

Click to check the original article.