Feed grain focus, prices ease
WHEAT and barley values have traded mostly steady to lower in the past week as growers and traders reduce their stocks of current-crop grain and advance sales of new crop.
Tempering the fall is the mixed outlook for south-eastern Australia’s new-crop barley and wheat.
Victoria, eastern South Australia and nearly all of New South Wales are looking at above-average yields provided adequate rain falls in the next few weeks, but prospects are shaky for many crops in Queensland, and most of SA’s central and western growing areas.
(Wednesday, 29 July 2020 - Beef Central)
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