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Australian Bureau of Statistics data show old-crop feed barley exports fell to 3,932 tonnes in October, down 84% from September. Malting barley exports rose 369% to 45,248 tonnes, driven by cargoes to Japan and Vietnam.
Sorghum exports dropped 28% to 7,652 tonnes, reflecting very limited available supply.
Tight Australian sorghum and feed barley availability limits offshore supply options for feed buyers, supporting prices for alternative feed grains. Shifting demand toward malting barley leaves feed barley supplies comparatively scarce.
graincentral.comLiz WellsDec 11, 2019Not 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.
