Australian barley farmers tap Mexican beer makers

Published 2021년 1월 19일

Tridge summary

Australian farmers are adjusting to Chinese trade sanctions by expanding their export markets, with the first bulk shipment of malt barley sent to Mexico for Corona beer production. The country also expects to export 2 million tonnes of feed barley to Saudi Arabia this year, a significant increase from the previous year. The barley price in Western Australia, a major export epicentre, is at its highest since China's tariffs were imposed in May 2020.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Australian farmers are continuing their fightback against Chinese trade sanctions, sending their first bulk shipment of malt barley to Mexico, where it could be turned into cartons of Corona. Barley from a near-record harvest is also flying out of Australian ports into the Middle East and south-east Asia as major farming competitors move to curtail exports and China's trade-crippling tariffs reshape international markets. Australian barley could be used to make Corona beer. Bloomberg Mexico, the world's fourth-biggest beer maker, is set to receive its first shipment of Australian malt barley later this month. Exports of feed barley to Saudi Arabia – a market neglected by Australia at the height of the multibillion-dollar-a-year trade with China – have jumped from almost nothing last year to an ...
Source: Afr

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