Australia exports 955,751 tons of barley and 60,604 tons of sorghum in February

Published 2023년 4월 20일

Tridge summary

In February, Australia saw a significant increase in the export of barley and sorghum, with figures reaching 955,751 tonnes of barley and 60,604 tonnes of sorghum. Mexico was the primary recipient of malting barley, with Saudi Arabia and Japan being the largest markets for feed barley. China was the leading market for sorghum. The article also discusses the potential impact of the resolution of the China tariff issue on the Australian barley market, suggesting that it could lead to higher local prices and increased export margins. Additionally, it highlights the possibilities of opportunities for full-spec malt and FAQ off-spec malt in the Chinese market and the potential effects on European and North American barley markets.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Australia exported 955,751 tonnes of barley and 60,604t of sorghum in February, according to the latest data from the Australian Bureau of Statistics. Of the 41,896t of malting barley shipped in February, Mexico with 63,000t was the destination for almost half, with Vietnam on 4762t the second-biggest market and Singapore on 3370t the third. Australia shipped 913,855t of feed barley in February, with 277,500t of it bound for Saudi Arabia, and Japan on 150,305t the second-biggest market, followed by Thailand on 129,379t. China on sorghum was the largest market for February-shipped sorghum with 56,549t, with Taiwan on 2790t the second-biggest market, and The Philippines with 1100t the third. “As expected, barley exports saw a good recovery on volumes month on month, notching up our second-largest month for the year,” Flexi Grain pool manager Sam Roache said. “Volumes were supported by a recovery in Saudi shipments, along with a big month for Japan, Vietnam, Jordan and Kuwait. ...

Source: UkrAgroConsult