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Australia exported 61,308t of malting barley, 598,205t of feed barley and 119,944t of sorghum in November, according to ABS data. Feed barley shipments rose 71% month on month, with strong demand from Saudi Arabia and the Philippines.
Strong Australian feed barley demand in a tight global barley balance supports barley and sorghum prices, as Australian supply is among the cheapest origins.
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.