Markets

April sorghum exports triple, ytd barley sales nudge 5Mt

Liz Wells, June 4, 2021

Southern Queensland’s sorghum harvest started in earnest in April. Photo: CHS Broadbent

AUSTRALIA exported 155,083 tonnes of sorghum in April, more than triple the amount shipped in March, but total barley sales dropped to 689,182t, down from 964,792t exported in March, according to the latest export data from the Australian Bureau of Statistics (ABS).

The jump in sorghum shipments reflects the availability of new-crop sorghu, which is still being shipped out of Brisbane and Newcastle, and demand from China for the red grain.

Bulk cargoes to Mexico and Vietnam bolstered the malting number, while the feed figure fell, and Saudi Arabia on 186,604t dropped into second place behind Thailand on 208,437t.

Market Check head of strategy Nick Crundall said Saudi Arabia and Thailand have continued their run as pillars of demand for Australian barley in the current season.

“Barley exports continue to charge ahead, with April being another strong month in volumes,” Mr Crundall said.

“The October-April shipment total is nearing 5 million tonnes (Mt), with another big month expected for May and, to a lesser degree, June.

“This will likely result in initial export volume projections increasing as we track towards 6.5Mt for the full 2020-21 season.”

Mr Crundall said the cheap relativity of Australian barley will keep it competitive into the back end of the marketing year.

“We should see continual demand popping up out of South-east Asia.”

Sorghum exports finally ticked higher, notching up over triple the March volume as exports to China ramped up. Demand outside of China was fairly weak with Japan the only other country who stepped up for any real volumes. May shipping stem has a few bulk vessels on it but nothing particularly noteworthy.

February March April Tonnes
Japan 21000 0 0 21000
Mexico 0 0 33840 33840
Singapore 0 80 0 80
Thailand 1871 2032 1889 5792
Vietnam 36409 5895 38339 80643
TOTAL 59280 8007 74068 141355

Table 1: Australian malting barley exports for February, March and April 2021.

FEED February March April Tonnes
Bahrain 0 88 0 88
Hong Kong 12 0 12 24
India 0 23 0 23
Indonesia 972 0 0 972
Japan 149282 29416 133438 312136
Kuwait 0 212 33000 33212
Malaysia 0 326 0 326
Myanmar 1309 0 770 2079
Nepal 0 45 0 45
New Caledonia 115 579 198 892
New Zealand 6600 244 580 7425
Papua New Guinea 0 0 52 52
Philippines 17504 48217 33880 99601
Qatar 15000 0 0 15000
Saudi Arabia 501871 667123 186604 1355597
Singapore 0 3 0 3
South Korea 300 837 1260 2396
Taiwan 1744 2863 1494 6101
Thailand 94052 79000 208437 381489
United Arab Emirates 13215 46677 736 60629
Vietnam 66945 81132 14654 162731
TOTAL 868923 956785 615114 2440821

Table 2: Australian feed barley exports for February, March and April 2021.

SORGHUM February March April Tonnes
China 10572 37789 129116 177477
Japan 43 65 22524 22632
Malaysia 0 0 24 24
Philippines 462 3292 2520 6274
Saudi Arabia 96 0 0 96
South Korea 0 0 100 100
Taiwan 3908 2831 750 7489
Vietnam 0 0 50 50
TOTAL 15081 43976 155083 214141

Table 3: Australian sorghum exports for February, March and April 2021.

 

 

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