Export

Australia’s July wheat exports at 436,507t down 58pc from June

Liz Wells, September 7, 2020

AUSTRALIA exported 436,507t of wheat in July, down 58 per cent from 1.04 million tonnes (Mt) in June, according to the latest data from the Australian Bureau of Statistics (ABS).

Loading grain at CBH Group’s Kwinana terminal. Photo: Mapio

Japan on 86,164t was the biggest buyer in July, followed by Malaysia on 75,782t and South Korea on 59,181t.

Thomas Elder Markets manager commodity markets insights Andrew Whitelaw said the July tail-off in Australian wheat export volumes was not usual following the busiest shipment months from January to June.

“In general, we get large volumes of our grain out of the country ahead of the northern hemisphere harvest,” Mr Whitelaw said.

“Last year was not an average year, with drought impacting overall volumes; this meant that we had less volume available for export, and the pantry is now looking very sparse.

“At present export markets are concentrating on the volumes available from the new harvest, with record export pace being seen in Russia at the moment.”

Mr Whitelaw said exports from Australia were likely to remain constrained until new crop became available.

In its latest monthly report issued 1 September, South Australia’s major bulk handler Viterra put wheat stocks at 151,295t, down from the 1 January peak of of 1.83Mt.

In Western Australia, CBH Group on 2 September reported wheat stocks at 243,215t.

Steady shipment programs from CBH and Viterra terminals, and some smaller operators, over coming months will run down Australia’s wheat stocks to a bare minimum prior to new-crop shipments starting in small amounts in November.

BULK May June July Tonnes
Belgium 0 0 41 41
China 215864 237308 0 453172
Egypt 33000 0 0 33000
Fiji 0 48998 0 48998
Indonesia 52180 52498 13600 118278
Japan 59587 107409 86164 253160
Kuwait 45265 45047 38840 129152
Malaysia 5351 5039 71250 81640
Myanmar 27260 25750 490 53500
New Zealand 0 31078 32400 63478
Papua New Guinea 26070 0 33330 59400
Philippines 2583 1753 1765 6100
Qatar 0 0 21000 21000
Singapore 15300 15400 0 30700
South Korea 92050 171485 58180 321715
Thailand 0 63501 0 63501
United Arab Emirates 104 27100 77 27281
Vietnam 79795 40950 0 120745
Yemen 31000 64000 31000 126000
TOTAL 685409 937316 388137 2010862

Table 1: Australian bulk wheat exports for May, June and July 2020. Source: ABS

BOXED May June July Tonnes
China 15833 5466 3215 24514
Fiji 192 387 1087 1666
French Polynesia 134 127 125 386
Indonesia 1549 4107 1001 6657
Japan 1411 1609 0 3020
Malaysia 7623 5595 4532 17749
Myanmar 2284 6218 4562 13063
New Caledonia 2304 1872 2435 6612
New Zealand 3790 2899 4212 10902
Pakistan 130 0 0 130
Papua New Guinea 477 75 25 577
Philippines 1317 1124 2957 5397
Saudi Arabia 1787 503 0 2290
Singapore 11693 9706 1024 22422
Solomon Islands 1505 750 2002 4257
South Korea 0 1500 1001 2501
Taiwan 5344 6560 3979 15882
Thailand 9801 13350 11402 34552
Turkey 125 0 0 125
UAE 0 0 2069 2069
UK 100 325 200 626
Vietnam 10539 38461 2902 51902
DURUM
Malaysia 2 0 0 2
Thailand 0 700 0 700
UK 718 963 0 1681
TOTAL 78657 102297 48730 229684

Table 2: Australian containerised bulk wheat exports for May, June and July 2020. Source: ABS

 

 

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