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No doubt buying pressure will increase as grain supplies in Oz...

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DSD

15,757 Posts.

08/07/17

22:26

Post #: 25749339
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Originally posted by natandsal ↑

Will be interesting to see where grain prices head to especially if it keeps dry. The sorghum crop in southern qld/northern nsw was the smallest in a long time (heard 7-800k compared to usually 1.5m tonnes) which generally goes straight into the feedlots there but as they are short have had to chase barley further and further south. Prices here in central nsw have gone from $150 for f1 to now $200 in 6-8 weeks. With the price of cattle could go to anything if it dont rain

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No doubt buying pressure will increase as grain supplies in Oz tighten. I wonder if the plants making ethanol for E10 will close?
http://biomassproducer.com.au/case_study/australias-first-grain-to-ethanol-plant/#.WWDO3YjfrIU
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