News

Australia announced its new grain export records

Canola Seed & Rapeseed
Australia
Market & Price Trends
Wheat
Published Nov 8, 2023

Tridge summary

In the 2022-2023 marketing year, Australian grain exports reached a record 47.81 million tonnes, with wheat being the largest export crop, accounting for 66.4% of total grain exports. China was the main buyer of Australian wheat, followed by Indonesia and the Philippines. Barley exports, although not reaching a record, totaled 7.08 million tonnes, with Saudi Arabia being the top importer. Rapeseed exports reached an all-time high of 6.16 million tonnes, with the European Union being the largest destination. Sorghum exports also saw an increase, with China being the dominant buyer.
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

How much grain did Australian producers export in the 2022-2023 marketing year and the main export destinations by crop. The AgroXXI.ru portal has read the article by Australian agricultural expert on the grain market Peter McMeekin, which was published on the Grain Central portal: “The 2022-2023 marketing year in Australia ended at the end of September and the Australian Bureau of Statistics announced data on agricultural exports. Focusing on four key commodities: wheat, barley, canola and sorghum, Australia's total exports for the 12 months were a record 47.81 million tonnes (Mt), with barley the only crop not to set a new seasonal export record. Overall, Australian agricultural grain exports this marketing year are 10.6 percent higher than the previous record of 43.22 million tonnes set just a year earlier. In fact, each of the last three seasons in Australia has set new export records, the result of three consecutive years of phenomenal production driven by La Niña. March was ...
Source: Agroxxi
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