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Australia exported 463,220 tonnes of sorghum in April, up 146% from March, with China taking 96% of shipments. Barley exports were 678,382 tonnes, with feed barley down 8% from March and malting barley down 51%.
Strong Australian sorghum shipments to China at competitive prices versus corn increase global sorghum supply, while softer barley demand weighs on feed barley values.
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.