Australia barley exports drop in January, sorghum surges

Published 2024년 3월 15일

Tridge summary

Australia's barley and sorghum exports in January were primarily to China, with 926,723 tonnes of barley and 116,866 tonnes of sorghum exported, according to the Australian Bureau of Statistics. However, barley exports were down 27% from December due to lower demand and limited supply. Despite this, exports from October to January have been impressive, accounting for over 65% of estimated exports for the 2023-24 season. The article also discusses the increasing demand for these grains in Vietnam and Japan, and the potential opportunities and challenges in these markets.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Australia exported 926,723 tonnes of barley and 116,866t of sorghum in January, according to the latest data from the Australian Bureau of Statistics. The feed barley component comprised 609,882t, down 27 percent from the December total of 838,451t. China on 510,178t was once again the biggest market by far on 510,178t, followed by Japan on 90,990t and Vietnam on 3992t. Malting barley exports in January totaled 316,841t, down 30pc from 455,149t shipped in December. China was also the largest-volume destination for malting, taking 212,931t, followed by Mexico on 60,900t and Peru on 17,000t. The sorghum figures has increased more than tenfold, with China on 113,159t the destination for 97pc of January sorghum exports, with Taiwan on 2022 and The Philippines on 1633t the only four-figure tonnage destinations. “Barley’s ferocious December pace was unable to be maintained in January due to both lower demand and limited supply and allocation of export capacity,” Flexi Grain pool manager ...

Source: UkrAgroConsult