Grain supply concerns ease with rain

What a difference rain has made.! Grain prices continued fall in the past week as grain supply concerns ease and the focus turns to an expected large winter crop planting in the autumn. Stockfeed wheat prices into the Darling Downs fell $15 last week to $450 a tonne with barley down $5 to $383. Only three weeks ago, wheat bids into the Darling Downs reached $470 which exceeded the highs in late 2018.