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Australian barley has recovered despite China's tariffs imposed in May 2020, as Saudi Arabia and other buyers return to Australian grain after shifting to Black Sea supply. Two strong local production years and below-average northern hemisphere crops have supported demand.
Renewed export demand from Saudi Arabia and tighter northern hemisphere supplies support Australian barley prices and export values.
farmonline.com.auGregor HeardOct 20, 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.
