Australia exported 177,225 tonnes of barley and 93,756 tonnes of sorghum in October, according to ABS data. Feed barley shipments fell sharply from September, while malting barley exports more than doubled.
Sorghum exports fell from September, with China taking nearly all the volume.
Low Australian stocks are limiting exports while Chinese barley demand stays firm, supporting prices. A record barley crop expected later could ease that tightness.
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.