Loading…
Australian barley markets firmed $5-$10/t during the week on hopes China will resume buying Australian product after a three-year absence. Recent rain has shifted grower attention to planting, creating some domestic shorts.
China's review of Australian barley tariffs was welcomed by industry.
Expectations of renewed Chinese demand for Australian barley support local prices and could redirect export flows away from Black Sea and European origins toward China.
graincentral.comLiz WellsApr 13, 2023Not 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.
