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Australian barley is heavily discounted, and China's 80.5% tariff has largely shut out Australian barley, costing the country most of its malt export market. Other origins are filling the gap with feed and malt sales.
Lost Chinese access pushes Australian barley to other markets at lower prices, which pressures world barley values and makes Australian supply cheaper for competitors.
farmweekly.com.auNov 2, 2021Not 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.
