Blog Post

Feedgrain Focus: South eases, northern squeeze prevails

 

Sowing wheat at Berriwillock in the Victorian Mallee. Photo: Crop Smart

LOGISTICS issues in the northern market have held prices aloft this week while in southern markets, signs of softening in global pricing as well as improved road-freight ability have allowed wheat prices to drift lower.

The market for H2 wheat delivered Brisbane consumer breached $600 per tonne, making the Brisbane wheat market the dearest in the country, and putting it ahead of even Adelaide.

It reflects the squeeze on truck availability in southern Queensland, and ongoing rain delays affecting grain movements on…

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