premium for malt grade barley over feed grade now down to 8 bucks a tonne. not worth the hassle.
premium for milling matika over milling ordinary--zero.
looking like massive carryover of low grade grain. the big thing marketing boards did for eastern australia was to clear low grade rubbish from the system. the free market picks the easy money eyes out of the system,leaving the rubbish to sit and moulder. it is quite possible that a percentage of the eastern australian crop will now rot and go mouldy like it does in the third world.any low grade grain left unsold for 3 harvests has very limited value. the east australian harvest is now piled on the ground and covered in tarps.
back to the future. grazing looks good.
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