Australia already sees rising Chinese demand for barley

Barley

Australia

Published Aug 12, 2023

Tridge summary

In June, Australia exported a significant amount of feed barley, malting barley, and sorghum. However, the shipment volumes of fodder barley were lower than in May, reaching the lowest point since January. The main destinations for these exports included Saudi Arabia, Japan, Thailand, Mexico, South Korea, and Singapore.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The Australian Bureau of Statistics estimates that the country exported 418,000 tons of feed barley and 47,800 tons of malting barley, as well as 395,300 tons of sorghum in June, Grain Central reports. At the same time, the shipment volumes of fodder barley were 22% lower than in May and became the lowest since January this year. At the same time, 184 thousand tons were shipped to Saudi Arabia, 155 thousand tons to Japan and 32.5 thousand tons to Thailand. The main volumes of malting barley were exported to Mexico (33 thousand tons), South Korea (9 thousand tons), Singapore (2.5 thousand tons). It is noted that the export of sorghum in June also decreased - by 10% per month. The main volumes of grain were shipped to China (275.4 thousand tons; 70% of total exports), as well as to Kenya (60 thousand tons) and Sudan (30 thousand tons). Separately, it should be noted that after China canceled import duties on Australian barley, market operators record an active increase in Chinese ...

Source: Zol