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Australian Export Grains Innovation Centre chief economist Ross Kingwell told a barley symposium that supply chain investments by lower-cost competitor nations are squeezing the global barley market. About 70 percent of Australia's barley is exported, so supply chain costs directly affect farmgate prices.
He urged cost-efficiency improvements.
Lower-cost competitor origins threaten Australian barley export share, which can limit export demand and pressure farmgate and export barley prices over time.
farmweekly.com.auBree SwiftSep 17, 2019Not 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.
