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Rabobank's Vitor Pistoia says Chinese demand for Australian barley is cooling as Beijing pushes self-sufficiency and asks buyers to favour domestic grain. Falling Chinese beer consumption is also cutting malt barley imports.
Exporters are shifting to other markets after China had taken about 90% of monthly Australian exports since its tariffs were lifted in 2023.
Losing a dominant buyer weakens export demand for Australian barley and may push supply into other markets at lower prices, which pressures barley values heading into the 2025-26 planting decisions.
farmonline.com.auGregor HeardFeb 13, 2025Not 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.
