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Feedgrain Focus: Strong AUD, dry conditions stymie sales
['Liz Wells']
Grain Central
Northern wheat and barley has firmed to catch business from growers who are mostly full steam ahead, or even finished, on their sorghum harvests.
Jan 22 Today Downs barley $333 $336 Downs SFW $333 $340 Downs sorghum $338 $318 Mel barley $340 $328 Mel ASW $350 $345Table 1: Indicative prices in Australian dollars per tonne.
South feels the heatSouthern growers remain largely disengaged from selling wheat and barley into the cash market.
Some fiercely hot weather over the past week means growers have no need to think about spraying weeds, which will not germinate in these dry conditions.
Storing grain or faba beans on farm can also become a drought hedge in what for most are brutally dry conditions.