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Western Australia's barley industry is adjusting to a market without China as a volume buyer, with malting varieties and segregations shifting. WA produces about 4.9 million tonnes expected this harvest.
Before China's exit, WA exported over 500,000 tonnes of malting barley a year to China.
Reduced export outlets for WA barley shift demand toward feed and domestic malt buyers, weighing on export-oriented barley values.
graincentral.comHenry WellsNov 1, 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.
