Markets

Australia’s Oct wheat exports drop to 367,574t: ABS

Grain Central, December 9, 2020

A cargo of new-crop wheat bound for the UAE loads at Geraldton in WA. Photo: Mid West Ports Authority

AUSTRALIA shipped 367,574 tonnes of wheat in October, down 17 per cent from the 433,055t shipped in September, according to the latest export data from the Australian
Bureau of Statistics (ABS).

The October total for both containerised and bulk wheat fell in October from the previous month, despite shipments to South Korea more than doubling to 109,066t.

Regular customers Japan, Kuwait, The Philippine and Indonesia were also bulk buyers of signficance.

Market Check head of strategy Nick Crundall said Australia’s October 2020 wheat exports were the lowest since 2007-08, with carry-out especially tight due to the drought in eastern Australia.

“Western Australia did most of the heavy lifting, with Victoria and South Australia also pushing out some volume,” Mr Crundall said.

The slow start to 2020-21 exports is expected to be reflected in November data also.

“November figures are also expected to be fairly low, given the limited amount of new crop that had hit the bins by then.”

Mr Crundall said December exports would show a huge upswing in volume to reflect new-crop availability.

“January-June shipments also look likely to be pushing up on a few historical volume records.”

BOXED August September October Total
China 976 1314 2905 5194
Egypt 500 5774 0 6274
Fiji 463 14314 320 15098
French Polynesia 122 124 0 246
Indonesia 1507 0 992 2499
Japan 0 0 22 22
Malaysia 8199 7766 3805 19769
Myanmar 5501 7504 6691 19696
New Caledonia 2080 1327 2588 5996
New Zealand 4132 5353 8379 17864
Papua New Guinea 352 100 2035 2487
Philippines 2758 6785 4430 13974
Solomon Islands 1005 1002 0 2007
South Korea 502 502 2001 3005
Taiwan 1729 1145 4750 7624
Tanzania 0 200 0 200
Thailand 9600 6970 8541 25111
UAE 1029 0 0 1029
UK 500 500 550 1551
Vietnam 4876 5506 14981 25363
DURUM
Malaysia 0 0 2 2
Thailand 0 262 0 262
UK 0 482 500 982
TONNES 45833 66932 63491 176256

Table 1: Australian containerised wheat exports for August, September and October 2020. Source: ABS

BULK August September October Total
Bahrain 27500 0 0 27500
China 61715 0 0 61715
Fiji 0 27500 0 27500
Indonesia 20050 25724 31578 77352
Japan 57701 62848 54585 175134
Kuwait 0 45624 44700 90324
Malaysia 0 25199 1393 26592
Myanmar 27995 400 521 28916
New Zealand 0 22240 26290 48530
Papua New Guinea 0 61599 0 61599
Philippines 1325 1123 33692 36139
Singapore 0 7631 0 7631
South Korea 112120 46794 107065 265979
Sri Lanka 0 0 990 990
Thailand 0 3095 0 3095
United Arab Emirates 5330 0 80 5410
Vietnam 18150 15345 3190 36684
Yemen 0 31000 0 31000
TONNES 331885 376123 304083 1012090

Table 2: Australian bulk wheat exports for August, September and October 2020. Source: ABS

 

 

 

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