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Australian barley exports are a major feed grain flow, with more than 60% going to China. African swine fever has removed nearly a quarter of China's pig population, and coronavirus is slowing the demand recovery.
The US-China trade deal could disadvantage Australian barley.
Sustained weakness in Chinese feed demand from ASF and the coronavirus limits export demand for barley, while US-China trade terms could divert Chinese purchases toward American grain.
stockjournal.com.auRebekah StarickMar 18, 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.
