Export

Australian June barley exports drop 22pc to 208,792t

Liz Wells, August 11, 2020

AUSTRALIA exported 208,792 tonnes of barley in June, down 22 per cent from 268,917t in May, according to the latest figures from the Australian Bureau of Statistics (ABS).

While malting exports in June at 26,894t were just 14pc of the 196,738t shipped in May, feed exports more than doubled to 181,898t, up from 72,179t in the previous month.

The drop in malting shows the impact of the tariff announcement by China, with June exports to what has traditionally been Australia’s biggest overall barley market dropping to 3,502t in June from 190,345t in May, and feed exports dropping to zero from 44,077t.

The announcement prompted a sharp drop in Australian barley prices, which bought the grain some business ahead of new crop barley availability from European and Black Sea origins.

Australia’s barley exports in June were the lowest monthly figures seen since November last year, and Market Check head of strategy Nick Crundall said this was not surprising.

“It reflects the tightening stocks situation in Australia as the exportable surplus for barley dwindles down as we approach the end of the season,” Mr Crundall said.

“The smaller volumes also reflect a lack of Chinese demand, as the well-publicised tariffs put a stop to the large majority of exports to China.

“Japan stood up and took the biggest volume through June, followed by Thailand and Qatar, while some South East Asian countries mopped up some container volumes.

“Thailand remains a strong buyer of Aussie barley, having taken nearly the same amount this season so far than the previous two seasons combined.”

Mr Crundall said July shipping stems indicate last month’s export will likely decrease further as exports continue to wind down, and focus shifts to opportunities in the new-crop export months.

Australia’s very small new-crop sorghum export program kicked into gear in June, with 7821t being shipped, up from just 890t in May, and sub 400t figures since January, to reflect the very small and late harvest in Queensland and northern New South Wales.

China was the major sorghum customer in June by far, taking 6867t of the containerised grain.

MALTING Jan Feb Mar Apr May Jun Tonnes
China 196959 165831 132799 174330 190345 3502 863764
Japan 6180 0 19000 10 2845 21617 49652
New Zealand 0 0 0 0 0 244 244
Thailand 1151 1246 0 1345 2122 1032 6895
Vietnam 46122 240 1579 27978 1426 500 77843
TOTAL 250411 167316 153377 203663 196738 26894 998399

Table 1: Australian monthly malting barley exports for January to June 2020. Source: ABS

FEED Jan Feb Mar Apr May Jun Tonnes
Bahrain 43 0 0 65 43 0 151
China 33000 0 0 329833 44077 0 406909
Hong Kong 0 21 0 12 0 12 45
Japan 3300 94550 511 56653 20600 53560 229175
South Korea 12693 293 603 312 715 813 15429
Macau 0 4 0 0 0 0 4
Malaysia 166 0 168 169 0 177 679
Myanmar 0 0 0 0 120 0 120
New Caledonia 0 0 422 0 300 0 721
New Zealand 0 0 0 0 0 0 0
Pakistan 0 330 0 0 0 0 330
Papua New Guinea 0 21 0 0 64 0 85
Philippines 456 583 588 841 431 789 3687
Qatar 0 0 24150 25036 0 52500 101686
Singapore 1 2 3 3 2 3 13
Sri Lanka 0 0 0 0 0 1482 1482
Taiwan 4651 3372 2781 2501 3168 2086 18559
Thailand 115751 54522 68243 53074 0 66000 357591
UAE 1035 21705 10451 5808 784 475 40259
Vietnam 3031 2906 1971 1806 1875 4002 15592
TOTAL 174127 178310 109891 476112 72179 181898 1192518

Table 2: Australian monthly feed barley exports for January to June 2020. Source: ABS

SORGHUM Jan Feb Mar Apr May Jun Tonnes
China 0 0 0 0 0 6867 6867
Japan 0 20 0 42 43 43 148
Malaysia 23 0 0 23 0 0 46
Philippines 264 192 0 300 599 269 1625
South Korea 0 0 66 0 0 0 66
Taiwan 0 0 100 0 249 642 991
Vietnam 0 4 0 1 0 0 5
TOTAL 287 216 166 366 890 7821 9746

Table 3: Australian monthly sorghum exports for January to June 2020. Source: ABS

 

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