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Australian barley prices eased by about $5/t over December to around $300/t in South Australia. Malt premiums and basis to US corn have narrowed, and China's domestic grain output rose while its corn imports are estimated to fall sharply in 2024-25.
China is the dominant buyer of Australian barley, so softer Chinese import demand and rising domestic feed supply weigh on export values and local prices.
stockjournal.com.auEd Scamps, Cloudbreak Grain MarketingJan 10, 2025Not enough comparable past events yet for a historical read.
After 683 past bearish trade events, CORN moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.
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.
