Trade4go Summary
Sorghum exports have led to an increase in values and bids, with demand from China. The southern market is experiencing dry conditions, and growers are being cautious to hold enough grain for their own livestock and domestic consumers. In the north, bulk and containerised sorghum is being transported to Brisbane. Wheat and barley markets have also seen a rally, with consumer and exporter demand. Up-country feedmills are bidding up to acquire the tonnage they need. The grain sector's development in the Black Sea and Danube region will be discussed at the 23 International Conference BLACK SEA GRAIN.KYIV on April 24 in Kyiv.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Values have lifted this week as sorghum exports kick into gear, and bids to growers climb lift to entice volume out of on-farm storages and depots. In the southern market, conditions remain dry overall, and growers are being cautious to hold enough grain to feed their own livestock, or are looking to meet demand from domestic consumers if the break in the season does not show up in April or May. In the north, bulk and containerised sorghum is making its way at pace to Brisbane after Tropical Cyclone Alfred delayed the loading of the first new-crop cargoes. Table 1: Indicative prices in Australian dollars per tonne. Sorghum demand from China has a string of trucks rolling into Brisbane from the Darling and Western Downs of southern Queensland, and the north-west plains of New South Wales. Buyers remain willing sellers at current levels for the boxed and bulk trade. “The majority is going straight to port, with little engagement on the Downs,” Goondiwindi-based Knight ...
UkrAgroConsult
Mar 21st, 2025
