# Wheat exports down, China hungry for Australian barley

> Rural Bank forecasts Australia's 2024 wheat exports at 17.8 million tonnes, down 44% from the 2023 record of 31.8 million. Barley exports are forecast at 6.9 million tonnes versus 8.2 million, with China taking 74% of exports so far.

- Date: 2024-02-10 · published 2024-02-10T12:00:00.000Z
- Category: trade · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/31616-wheat-exports-down-china-hungry-for-australian-barley
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Lower Australian wheat and barley export supply reduces global feed grain availability, while heavy dependence on Chinese barley demand adds price risk.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-05-17 | [China the hero market for Australian barley and wheat - Grain Central](https://feedsoft.ai/events/71077-china-the-hero-market-for-australian-barley-and-wheat-grain-central.md) | +3.0% | +2.1% |
| WHEAT | 2026-10-28 | [Australia forecasts record barley exports amid strong Chinese demand](https://feedsoft.ai/events/115-australia-forecasts-record-barley-exports-amid-strong-chinese-demand.md) | +0.2% | — |
| WHEAT | 2018-07-19 | [Chinese demand boosting Canadian wheat, barley exports - AgCanada](https://feedsoft.ai/events/64042-chinese-demand-boosting-canadian-wheat-barley-exports-agcanada.md) | +3.7% | +2.1% |
| WHEAT | 2023-08-11 | [Feedgrain Focus: China lifts barley, dry lifts wheat - Beef Central](https://feedsoft.ai/events/34658-feedgrain-focus-china-lifts-barley-dry-lifts-wheat-beef-central.md) | -1.5% | -7.4% |
| WHEAT | 2023-12-18 | [US SRW wheat exports set to top HRW for first time after China haul](https://feedsoft.ai/events/32742-us-srw-wheat-exports-set-to-top-hrw-for-first-time-after-china-haul.md) | +1.1% | +1.8% |

## Sources

- aapnews.aap.com.au: https://aapnews.aap.com.au/news/wheat-exports-down-china-hungry-for-australian-barley

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.