Blog Post

Feedgrain Focus: Wheat, sorghum firm in north

Harvesting sorghum between Moree and Goondiwindi this week. Photo: Kurstjens Farming

WHEAT and sorghum values have gained up to $10 per tonne in the past week as sorghum grabs the logistics spotlight and exposes some uncovered short positions on wheat.

Weather in the past week has been mostly ideal for harvesting sorghum, and crops with good yields and quality are filling trucks and going straight to container packers or to Brisbane for export.

In the southern market, prices have been steady as growers temper their selling of wheat and barley to match demand.

Today Feb 16
Barley…

Click to check the original article.