Tridge summary
Australia's barley exports are expected to decrease in May due to decreasing stocks in New South Wales and Victoria. In March, the country exported 838.79 thousand tonnes of barley, including 206.25 thousand tonnes of malting barley and 632.55 thousand tonnes of feed barley. China, Vietnam, and Peru were the main recipients of malting barley, while China, Saudi Arabia, and Vietnam were the main buyers of feed barley. Despite the decrease, strong demand from China is expected to help Australia meet its export targets and bring ending stocks back to record lows.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Australia’s barley exports are set to slow significantly by May as stocks in New South Wales and Victoria tighten. According to the latest data from the Australian Bureau of Statistics, the country exported 838.79 thousand tonnes of barley in March, including 206.25 thousand tonnes of malting barley (more than double the volume shipped the previous month) and 632.55 thousand tonnes of feed barley (-29%). The main destinations for malting barley were China – 152.27 thousand tonnes, Vietnam – 25.48 thousand tonnes and Peru – 22 thousand tonnes. As for feed barley, China was the main buyer – 561.9 thousand tonnes, while Saudi Arabia bought 55.73 thousand tonnes and Vietnam 3.27 thousand tonnes. Australia’s barley exports are set to slow ...
Source: UkrAgroConsult
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