Tridge summary
In October, Australia saw a 14% increase in wheat exports, exporting a total of 2,042,497 tonnes, as per the Australian Bureau of Statistics. This marks the beginning of the Australian marketing year and involves the introduction of new-crop wheat in regions like Geraldton in Western Australia, and Gladstone and Mackay in Queensland. Indonesia was the top buyer of Australian bulk wheat with 438,282 tonnes, followed by China with 419,204 tonnes. South Korea and the Philippines rounded out the top three bulk buyers. Vietnam, Taiwan, and Thailand were the leading markets for containerised exports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Australia exported 2,042,497 tonnes of wheat in October, up 14pc from 1,785,830t in September, according to the latest export data from the Australian Bureau of Statistics (ABS). The month is the first for the Australian marketing year, and saw inflows of new-crop wheat in zones around Australia’s northernmost bulk grain ports, namely Geraldton in Western Australia, and Gladstone and Mackay in Queensland. Indonesia has continued its trend of recent months in being the biggest for Australian bulk wheat, with 438,282t shipped in October, just ahead of China on 419,204t. In third place for bulk buying in October was South Korea on 299,307t and The Philippines on 215,075t. In containerised exports, Vietnam on 79,736t, Taiwan on 34,731t and Thailand on 31,194t were the biggest ...
Source: UkrAgroConsult
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