# There's more to Asia than just China, ANZ tells Aussie farmers

> ANZ's Agri-InFocus report says Australian farm exports to the ten ASEAN nations were worth almost $8.8 billion in 2016, ahead of about $5.5 billion to China. It projects ASEAN soft commodity consumption rising by more than 60 million tonnes to about 285 million tonnes by 2024-25.

- Date: 2018-04-25 · published 2018-04-25T12:00:00.000Z
- Category: trade · region Southeast Asia · magnitude low
- Page: https://feedsoft.ai/events/65460-there-s-more-to-asia-than-just-china-anz-tells-aussie-farmers
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Growing Southeast Asian demand for feed grains, wheat and meat supports Australian export prices and diversifies buyers away from China. Demand growth in the region is a supportive medium-term factor for grain prices.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-10-29 | [UK wheat strengthens to £165/t as US-China talks lift markets - Farmers Weekly](https://feedsoft.ai/events/22459-uk-wheat-strengthens-to-165-t-as-us-china-talks-lift-markets-farmers-weekly.md) | -2.8% | -6.1% |
| WHEAT | 2020-02-20 | [China Back in the Market for U.S. Farm Goods After Waivers \| Financial Post](https://feedsoft.ai/events/54480-china-back-in-the-market-for-u-s-farm-goods-after-waivers-financial-post.md) | -1.5% | -0.4% |
| WHEAT | 2019-02-21 | [China proposes to buy $30 billion more in U.S. ag products](https://feedsoft.ai/events/60475-china-proposes-to-buy-30-billion-more-in-u-s-ag-products.md) | -3.2% | +0.7% |
| WHEAT | 2017-10-02 | [Russia: sales restraint of farmers leads to rising](https://feedsoft.ai/events/10971-russia-sales-restraint-of-farmers-leads-to-rising.md) | +6.0% | +10.8% |
| WHEAT | 2017-05-17 | [China the hero market for Australian barley and wheat - Grain Central](https://feedsoft.ai/events/71077-china-the-hero-market-for-australian-barley-and-wheat-grain-central.md) | +3.0% | +2.1% |

## Sources

- smh.com.au: https://www.smh.com.au/business/the-economy/australian-agribusinesses-told-there-s-much-more-to-asia-than-china-20180425-p4zbkt.html

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