Tridge summary
In December, Australia began its grain exports for the new season, shipping 2.22 million tonnes of wheat, over 1mt of barley, and 288,000 tonnes of canola. Combined exports of wheat, barley, and canola reached about 3.5mt, around 850,000t higher than November. Strong demand for stockfeed wheat, barley, and canola is being reported by traders, but milling wheat grades are becoming more difficult to sell. December also marked the first time in 36 months that monthly barley exports exceeded 1mt. Middle East and Asian destinations, including Saudi Arabia, Jordan, Kuwait, Oman, Qatar, and the UAE, imported over 550,000t of Australian barley. Despite patchy rain and unsettled weather in southern Queensland and northern NSW slowing sorghum harvesting, above average summer rains have farmers optimistic about the 2022/23 winter crop planting season. However, export demand for chickpeas remains low due to the absence of India.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Grain exports kicked in December as new season's shipments begin to find their way into overseas markets. Government trade data showed that Australia shipped 2.22 million tonnes of wheat, more than 1mt of barley and 288,000 tonnes of canola in December. Combined December wheat, barley, and canola exports of about 3.5mt were around 850,000t higher than November. A further 80,000t of sorghum was also exported in December, with most of this shipped out of Queensland ports. Australia's combined wheat, barley and canola grain shipments are expected to top 4mt in January. Shipping stem data indicated that Australia's grain exports will be operating at full capacity in January and are expected to maintain this pace well into 2022. Traders are reporting strong export demand for stockfeed wheat, barley and canola but are saying milling wheat grades, such as APW, are more difficult to sell. Monthly barley exports exceeded 1mt in December for the first time in 36 months as new crop shipments ...
Source: Queenslandcountrylife
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