Blog Post

Feedgrain Focus: South firms as rain limits trade

Conditions of wheat crops across Australia are mixed this year, with this crop of Vixen wheat at Badgingarra in WA among the better ones. Photo: Luke Freeman, Hi-Tech Ag Solutions

PRICES for feedgrain were mostly steady in the northern market and firmer in the south as trading interest migrates to new-crop slots.

While exporters have mostly ratcheted back their buying in order to gauge the size and quality of the Northern Hemisphere harvest, the domestic market is waiting for a clearer picture on the local crop.

The big variable for the coming week will be how much rain falls in New South…

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