# Grain Market Report: Australia Wheat Crop Outlook

> Grain Brokers' weekly report says Saudi Arabia's SAGO bought 1.02 million tonnes of barley for January and February delivery at an average US$266.83 CFR, up about US$6 from the prior tender. Australia was not competitive, and Argentine barley was the cheapest origin, while the USDA's November WASDE was also highlighted.

- Date: 2018-11-13 · published 2018-11-13T12:00:00.000Z
- Category: trade · region Saudi Arabia · magnitude medium
- Page: https://feedsoft.ai/events/61995-grain-market-report-australia-wheat-crop-outlook
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Saudi demand supports world barley prices, and Argentina's cheapest offers mean Australian barley is priced out of this tender, shifting export flows.

## Read by commodity

- BARLEY: bullish ▲

## Sources

- grainbrokers.com.au: https://www.grainbrokers.com.au/lest-we-forget/

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