New lows set for grains

By Malcolm.bartholomaeus
Updated August 31 2016 - 3:21pm, first published August 29 2016 - 3:38pm
Glut: It is look that a 3-tonne per hectare barley crop last year will need to yield 3.6 t/ha this year to match the same gross income.
Glut: It is look that a 3-tonne per hectare barley crop last year will need to yield 3.6 t/ha this year to match the same gross income.

As a rule of thumb, most growers need at least $260 per tonne delivered port for wheat and barley to be fully profitable. This week ... alarmingly feed barley fell to $172 per tonne.

The outlook for harvest prices has taken a negative turn.  

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