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Australia exported 283,917 tonnes of sorghum in July, down 27% from June, with China remaining the main buyer and Japan a distant second. Barley exports totaled 381,997 tonnes, with feed exports led by Thailand for the first time.
Lower Australian sorghum and barley export volumes reduce near-term supply to Asian feed buyers, while strong China demand for October-January shipments supports prices.
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.