Export

Australia’s June barley exports drop 63pc from May: ABS

Liz Wells, August 8, 2019

AUSTRALIA exported 112,584 tonnes of barley in June, down from 301,597t shipped in May, according to the latest export data from the Australian Bureau of Statistics (ABS).

The drop reflects a lack of buying interest from China, hardly surprising as its anti-dumping investigation into historical Australian barley pricing continues, and competitive pricing of new-crop northern-hemisphere feed barley into the world market.

Market Check head of strategy Nick Crundall said on top of June usually being a small month for barley exports, the grain was becoming very difficult to accumulate in volume out of
South Australia and Western Australia as their stocks ran down.

“Even though export demand is limited, people aren’t offering offshore anyway, preferring to shift their focus to sending available stocks to the east coast,” he said.

“This will remain the case until new-crop hits the bin, so the east coast needs to continue incentivising inter-state movements, rather than allowing barley be exported offshore.”

The slump in barley shipments to Asia and the Middle East also reflects unabated demand from feedlots in Queensland and New South Wales, where drought has reduced the supply of local barley.

This has seen the domestic market continue to pay top dollar for SA and WA feed barley, which continues to be shipped in considerable volume to Brisbane and Newcastle.

In its July Vessel Activity Report, Lachstock Consulting has estimated 1.2 million tonnes of feed and malting barley will be transhipped to eastern Australian ports in the year to 30 September, 2019 as a result of the drought.

Sorghum export figures reflect modest bulk buying from China, where the grain is distilled to make the baijiu spirit.

The chronic shortage of feedgrain in Queensland and northern New South Wales is likely to keep further bulk exports of sorghum to a minimum.

This is despite a good harvest in Central Queensland, which appears to be supplying domestic consumers spread from Sydney to North Queensland, rather than going into its normal export avenue.

MALTING BARLEY January February March April May June Tonnes
China 338447 357358 249659 118137 50357 53434 1167392
Japan 21017 6180 0 31506 0 0 58703
Malaysia 0 0 0 0 175 159 334
Thailand 0 196 0 485 0 392 1073
Vietnam 11192 12508 2012 2508 1458 1868 31546
TOTAL 370656 376242 251671 152636 51990 55853 1259049

Table 1: ABS monthly malting barley export data for January to June 2019.

FEED BARLEY January February March April May June Tonnes
China 33503 27533 48659 1012 0 0 110708
Hong Kong 14 11 16 0 18 0 60
Indonesia 22 0 0 0 0 0 22
Japan 0 88068 27050 52700 127380 50900 346098
South Korea 301 930 993 447 496 307 3472
Kuwait 0 0 0 0 45632 0 45632
Macau 0 3 0 0 0 0 3
Malaysia 204 168 0 328 0 2 701
New Caledonia 0 15 196 0 22 17 250
Pakistan 0 243 943 679 0 0 1866
Papua New Guinea 40 0 86 0 44 138 308
Philippines 188 465 792 630 887 431 3393
Qatar 0 0 24273 27000 444 0 51717
Singapore 0 0 1 0 20 20 41
Switzerland 0 0 0 1 0 0 1
Taiwan 4736 2112 2892 3412 2826 1152 17130
Thailand 2497 3611 56296 68513 60353 2329 193599
UAE 312 730 960 374 541 719 3636
Vietnam 1860 2411 8387 1676 10943 716 25992
TOTAL 43676 126300 171544 156772 249607 56731 804630

Table 2: ABS monthly feed-barley export data for January to June 2019.

SORGHUM January February March April May June Tonnes
China 0 0 2996 1224 7995 17212 29427
Malaysia 0 0 0 23 0 0 23
Philippines 198 200 400 1325 1076 849 4047
Taiwan 100 249 2096 673 570 612 4299
TOTAL 298 449 5491 3245 9641 18672 37796

Table 3: ABS monthly sorghum export data for January to June 2019.

 

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