Australia’s November sorghum, malting exports surge, feed barley dips

Published 2024년 1월 22일

Tridge summary

In November, Australia exported a total of 907,324 tonnes of barley and 54,609 tonnes of sorghum, with China being the biggest market for both. The feed barley exports decreased by 26% compared to October, while the malting exports increased by 79%. Despite the strong demand for Australian barley, the local values have been pushed down by the Australian dollar rally and pressure from Argentinian sellers, while sorghum exports remain limited by old-crop stocks.

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

Original content

Australia exported 907,324 tonnes of barley and 54,609t of sorghum in November, according to the latest data from the Australian Bureau of Statistics. November feed barley exports totaled 526,345t, down 26 percent from 712,335t shipped in October, with China on 439,708t the biggest market by far, followed by Japan on 76,757t and Vietnam on 4172t. Malting exports for November on 380,979t were up 79pc from 213,279t shipped in October. Again, China was the largest market by far, taking 280,924t, with Mexico and South Africa tied for second place by volume on 31,500t, and Peru taking 23,950t. On sorghum, China was the destination for 50,290t of November-shipped sorghum, 92pc of the 54,609t total for the month, with Taiwan on 2083t and The Philippines on 1959t the second and third-biggest destinations. November sorghum exports were up 38pc from 39,547t shipped in October. Flexi Grain pool manager Sam Roache said barley volumes continued to impress. “China accounted for over 60pc of the ...

Source: UkrAgroConsult