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Australia exported 104,492 tonnes of malting barley, 471,347 tonnes of feed barley and 120,306 tonnes of sorghum in November, according to ABS data. Feed barley shipments nearly tripled from October, led by Saudi Arabia, while China took 94% of sorghum exports.
Strong feed barley shipments to the Middle East and steady malt demand support Australian barley values, while weaker sorghum exports to China point to softer sorghum demand.
graincentral.comLiz WellsJan 17, 2023Not 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.
