Tridge summary
In August, Australia saw a decrease in sorghum exports to China, resulting in a 27% drop from July, with volumes going to China, Japan, and Taiwan. Despite this, barley exports increased by 8% to Japan, Peru, and China, with Japan being the major importer of both feed and malt barley. Overall, Australia's grain exports are expected to remain steady in September but may drop significantly in October due to tight stocks. The Chinese market's behavior and local crop conditions will significantly influence future demand.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Australia exported 309,597 tonnes of barley and 293,946t of sorghum in August, according to the latest data from the Australian Bureau of Statistics. Barley exports for the month comprised 115,317t of feed barley, up 8 percent from the 107,002t shipped in July, with Japan on 59,336t, Peru on 24,000t and China on 14,087t the major markets. Malting barley exports for August at 194,280t were down fractionally from 196,251t shipped in July, with China on 127,259t, Mexico on 31,779t and Vietnam on 30,590t the volume markets. Reduced buying from China, once again the major market for sorghum, saw exports of the red grain fall 27pc from the 404,075t shipped in July. By volume, China on 265,163t, Japan on 25,363t and Taiwan on 3270t were the volume destinations for Australia’s August-shipped sorghum. Flexi Grain pool manager Sam Roache said feed barley shipments hit their seasonal low in August, while malting shipments held on strongly to a nice mix of destinations including Mexico, Peru ...
Source: UkrAgroConsult
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