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Australia exported 870,566 tonnes of feed barley, 59,280 tonnes of malting barley and 15,656 tonnes of sorghum in February, according to ABS data. Total barley exports rose 7 percent from January, with Saudi Arabia taking nearly 500,000 tonnes of feed barley, while sorghum shipments fell 71 percent.
Strong Australian barley shipments to Saudi Arabia and Asia support export demand and firm prices for feed barley, while the drop in sorghum exports points to limited near-term supply.
graincentral.comLiz WellsApr 12, 2021Not 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.
