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Australia exported 179,152 tonnes of feed barley in February and 167,316 tonnes of malting barley, with malting shipments down a third over the month, according to ABS data. Overseas buying from Thailand and China has since picked up sharply, lifting shipping pace.
Strong Asian purchasing for March-May shipment draws down Australia's exportable barley surplus, which supports barley prices in export markets.
graincentral.comLiz WellsApr 21, 2020Not 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.
