Australia details August wheat exports of 1.2 Mt

Published Oct 10, 2024

Tridge summary

Australia's wheat exports for August were 1,212,229 tonnes, a 18% decrease from July, with the usual seasonal rundown. The majority of the exports were containerised and shipped to South Africa, Thailand, and Malaysia, while bulk shipments were mainly to the Philippines, Indonesia, and Yemen. Lachstock Consulting predicts that Australia's 2023-24 wheat exports will be 19.5Mt, with production estimated at 30.3Mt, down 2Mt due to dry conditions in several regions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Australia’s wheat exports for August totalled 1,212,229 tonnes, including 2844t of durum, according to the latest data from the Australian Bureau of Statistics. The total is down 18 percent from 1,478,178t, including 2503t of durum, shipped in July, and marks the usual seasonal rundown seen in the current shipping year which ended September 30. Containerised exports in August totalled 222,804t, with South Africa on 55,000t appearing as the major destination, followed by Thailand on 35,272t and Malaysia on 33,741t. In bulk shipments for August, The Philippines on 245,012t followed by Indonesia on 222,498t and Yemen on 104,690t were the three largest-volume markets. According to Lachstock Consulting’s September wheat supply-and-demand report, Australian shipping stems indicate around 1.8 million tonnes (Mt) was to be shipped in August and September in total, which would round out Australia’s 2023-24 wheat exports to 19.5Mt. Lachstock released its most recent estimate for Australia’s ...

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