Australia exports 130,009t barley, 188,558t sorghum in October

Published 2024년 12월 13일

Tridge summary

In October, Australia's barley and sorghum exports saw a decrease from September, with barley exports reaching 130,009 tonnes, the smallest monthly figure in many years, and sorghum exports dropping to 188,558 tonnes. China was the main importer of both barley and sorghum, with Japan and Thailand being the largest recipients of malting barley, and The Philippines and Taiwan the main buyers of sorghum, besides China. The decrease in exports is due to record low carry-out and a lack of new-crop options. Despite concerns over Chinese demand, recent demand has exceeded expectations and is expected to continue to grow, with November and December shipments projected to reach around 700,000 tonnes and over 800,000 tonnes, respectively.

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

Original content

Australia exported 130,009 tonnes of barley and 188,558t of sorghum in October, according to the latest data from the Australian Bureau of Statistics. The barley figure comprises 90,679t of feed and 39,330t of malting, with both totals less than half the amounts shipped in September to represent the annual rundown in stocks. The sorghum drop was less drastic, down 42pc from the September total of 323,448t. On feed barley, China was the destination for 79,184t, or 87pc of barley shipped, with Thailand on 5397t and Vietnam on 1999t the second and third-biggest markets respectively. Japan on 22,094t was the surprise major destination for October-shipped malting barley, followed by China on 11,254t and Mexico on 3000t. China on 184,713t bought almost all of Australia’s October-shipped sorghum, with Taiwan on 2083t and The Philippines on 1672t the second and third-biggest markets respectively. Flexi Grain pool manager Sam Roache said barley exports for October were the smallest monthly ...

Source: UkrAgroConsult