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Australia exported 738,559 tonnes of barley in March, down 11% from February, mainly on lower feed shipments to Japan and Jordan. Sorghum exports rose 110% to 136,816t, with China taking 97% of the total.
Saudi Arabia's heavy buying of Australian feed barley as Black Sea competition fell away supports Australian export demand, while the surge in sorghum shipments to China signals stronger Chinese sorghum import interest.
graincentral.comLiz WellsMay 13, 2022Not 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.
