Australia sharply cuts barley exports

Grains, Cereal & Legumes
Market & Price Trends
Published Apr 12, 2024

Tridge summary

In February, Australia's barley exports totaled 498.4 thousand tons, comprising 379.9 thousand tons of feed barley and 118.5 thousand tons of brewing barley, a decrease from January. The majority of feed barley was exported to China (72%), with Japan and Thailand also receiving shipments. China was the main destination for malting barley as well. This reduction in exports was expected due to the New Year celebrations in China and does not reflect a decrease in demand. Preliminary estimates indicate that barley shipments from Australia rebounded to over 700,000 tonnes in March.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to official data from the Australian Bureau of Statistics, the country in February of this year. exported 498.4 thousand tons of barley, incl. feed - 379.9 thousand tons (-38% compared to January), brewing - 118.5 thousand tons (-63%), reports Grain Central. As specified, the main destination for shipment of Australian feed barley in February was China (272.1 thousand tons, or 72% of the total supply), in addition, grain exports were carried out to Japan (100.3 thousand tons) and Thailand (2 , 2 thousand tons). China was also the main destination for malting barley – 111.2 thousand tons. Shipments were also made to Singapore (4.7 thousand tons) and Thailand (1.1 thousand tons). As noted, the reduction in Australian barley exports in February did not come as a surprise to market operators and ...
Source: Zol
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