Loading…
Australia exported 1.42 million tonnes of barley and 15,072 tonnes of sorghum in January, both up 16% from December. China took two-thirds of feed barley shipments, and brokers say January barley shipments look like a monthly record.
Record Australian barley export demand, mainly from China, tightens feed barley supply and supports prices, with barley already up US$50-60/t since harvest.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.