Australia increased exports of malting barley in January and reduced feed barley

Published 2022년 3월 10일

Tridge summary

In January, Australia saw a significant shift in its barley exports, with a nearly fourfold increase in malting barley exports to 73.65 thousand tons, primarily to Vietnam and Mexico, despite this figure being below the average export rate from the previous year. Conversely, fodder barley exports experienced a 41% decrease to 549.45 thousand tons, with the majority of this exported to Saudi Arabia, Jordan, and the UAE. Despite these changes, market operators anticipate that the trend of export rates being lower than the previous year's average will persist due to a strong demand for Australian feed wheat in Asian markets.

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

Original content

According to the latest estimates of the Australian Bureau of Statistics (ABS), in January, the shipment of malting barley from the country's ports amounted to 73.65 thousand tons, which is almost 4 times higher than in December (18.56 thousand tons), and the export of fodder barley decreased by 41% - up to 549.45 thousand tons against 938.29 thousand tons shipped in December, reports Grain Central. The largest volumes of Australian malting barley were supplied to Vietnam (33.38 thousand tons) and Mexico (33 thousand tons). Large batches of feed barley were shipped to Saudi Arabia (229.11 thousand tons), Jordan (126 thousand tons) and the UAE (57.83 thousand tons). However, the ...

Source: Zol