Australia: June barley exports surge to 725,085t, sorghum drops

Published 2024년 8월 15일

Tridge summary

In June, Australia saw a significant increase in the export of both barley and sorghum, with China being the primary recipient for both crops. The country exported 725,085 tonnes of barley and 249,071 tonnes of sorghum, with China taking in 79 percent of the barley and 89 percent of the sorghum. This surge is attributed to the increased availability of these crops in Australia. However, the author anticipates a decrease in exports in the coming months due to the record low stock levels. Additionally, the article discusses the potential impact of lower Chinese corn prices and harvest pressure from Ukraine on the global market, and highlights quality issues in the EU that could favor FAQ malt over world feed markets.

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

Original content

Australia exported 725,085 tonnes of barley and 249,071t of sorghum in June, according to the latest export data from the Australian Bureau of Statistics. The feed barley component at 485,276t was more than double the 216,118t shipped in May, with shipments to China at 384,002t accounting for 79 percent of the total. The second-biggest destination for Australia’s June-shipped feed barley was Japan on 75,600t, followed by Vietnam on 17,855t. Malting exports at 239,809t also surged from the May total of 147,507t, with China on 146,173t accounting for 61pc of the June figure. Mexico on 33,000t, followed closely by Vietnam on 31,295t, were the second and third-biggest markets respectively for June-shipped malting barley. China was also the major market for June-shipped sorghum, taking 220,871t, or 89pc, of the 249,071t total. Japan on 22,064t was the second-biggest market for June-shipped sorghum, followed by Taiwan on 4380t. Flexi Grain pool manager Sam Roache said June barley ...

Source: UkrAgroConsult