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Australia exported 907,324 tonnes of barley and 54,609 tonnes of sorghum in November, with China the top market for both. Feed barley exports fell 26% from October, while malting exports rose 79%.
Local values have been pressured by a stronger Australian dollar and Argentine selling.
A stronger Australian dollar and Argentine competition weigh on Australian barley values, which matters for feed buyers sourcing barley.
tridge.comVictor LangatJan 22, 2024Not 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.
