# Australian exports earn second most valuable year on record | ACT

> Australian agricultural exports were worth A$50.1 billion in 2019/20, the second-highest year on record, though down A$601.4 million year over year. China accounted for 30.3% of export value, and China overtook Japan as the top market for Australian beef. Tariffs on Australian barley are noted as a risk.

- Date: 2020-09-02 · published 2020-09-02T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/51075-australian-exports-earn-second-most-valuable-year-on-record-act
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Strong export values and rising Chinese beef demand support Australian livestock and grain prices, while Chinese tariffs on barley are a downside risk for that trade.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2018-07-25 | [Cattle on feed underpinning US beef exports \| Meat & Livestock Australia](https://feedsoft.ai/events/63963-cattle-on-feed-underpinning-us-beef-exports-meat-and-livestock-australia.md) | -0.6% | -0.6% |
| LCATTLE | 2023-07-28 | [Beef exporters still counting on US herd rebuild boost \| Farm Online \| ACT](https://feedsoft.ai/events/35001-beef-exporters-still-counting-on-us-herd-rebuild-boost-farm-online-act.md) | -0.2% | +0.2% |
| LCATTLE | 2019-02-22 | [Another Record Year for Meat Production Forecast for 2019](https://feedsoft.ai/events/60541-another-record-year-for-meat-production-forecast-for-2019.md) | +1.5% | +1.8% |
| LCATTLE | 2021-05-27 | [USDA reports second largest inventory of cattle on feed since 1996](https://feedsoft.ai/events/4968-usda-reports-second-largest-inventory-of-cattle-on-feed-since-1996.md) | +0.3% | +3.9% |
| LCATTLE | 2020-02-06 | [US cattle herd expansion ends \| Meat & Livestock Australia](https://feedsoft.ai/events/54548-us-cattle-herd-expansion-ends-meat-and-livestock-australia.md) | -1.2% | -6.9% |
| FCATTLE | 2018-07-25 | [Cattle on feed underpinning US beef exports \| Meat & Livestock Australia](https://feedsoft.ai/events/63963-cattle-on-feed-underpinning-us-beef-exports-meat-and-livestock-australia.md) | -2.2% | -2.3% |
| FCATTLE | 2021-05-27 | [USDA reports second largest inventory of cattle on feed since 1996](https://feedsoft.ai/events/4968-usda-reports-second-largest-inventory-of-cattle-on-feed-since-1996.md) | +12.1% | +15.1% |
| FCATTLE | 2020-02-06 | [US cattle herd expansion ends \| Meat & Livestock Australia](https://feedsoft.ai/events/54548-us-cattle-herd-expansion-ends-meat-and-livestock-australia.md) | -0.5% | -1.5% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/6906588/australian-exports-earn-second-most-valuable-year-on-record/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.