Barley punches even higher in NSW/QLD🚀
BAR1 delivered into the Darling Downs is north of $440/t. NSW prices are also rising as consumers continue to bid on any stock coming to market.
VIC prices are rallying (~$320 port equiv), with SA prices a bit more stagnant.
The great barley rally continues 📈.. well in NSW/QLD at least.
Delivered Downs barley is ~$430/t & the market is busy trying to calculate how close WA/SA supplies are to pricing a vessel to QLD. Southern markets are stronger on record export volumes & low grower selling.