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An analysis of barley trade flows explains that China was historically a major buyer of Australian barley until tariffs were imposed in 2020, after which Canadian barley filled the gap. China imported 12.5 million tonnes of barley for feed and malt in 2021, with top suppliers Argentina, France, Canada and Ukraine.
Ongoing Chinese tariffs on Australian barley redirect Chinese demand to other origins, keeping the global barley trade reshuffled and supporting Canadian and European export prices.
montanawbc.comSam AndersonMar 2, 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.
