Northern-South Grain Market Spread Widens Amid Contrasting Seasons

The spread between northern and southern grain markets in Australia has widened further due to contrasting seasonal conditions.

In the south, Victorian and South Australian wheat and barley crops are on track for bumper yields, with some growers already forward selling new-crop wheat.

In contrast, yield prospects for most cereal crops in the north will be average at best, and another week without rain has left some growers considering cutting their crops for silage.

Northern consumers are looking to source locally due to concerns about fuel prices and the possibility of southern carriers getting busy early with their own harvest.