Demand for Grains Increases in Australia
Buyer demand for grains in Australia has increased as domestic users seek to cover their needs before the new crop harvest.
Some exporters are also accumulating and carrying old crops to ensure early shipping slots, leading to higher grain prices.
- 28 grades of wheat, barley, canola, lentils, lupins, maize, and oats were traded.
- 37 buyers purchased grain nationally through Clear Grain Exchange and igrainX.
- Buyers were active in various markets, including Queensland, NSW, Victoria, South Australia, and Western Australia.
No direct quotes available in the text.
Author's summary: Demand for grains in Australia increases ahead of new crop harvest.