Australia WANTS to trade with CHINA Again !, page-20

  1. 87,708 Posts.
    lightbulb Created with Sketch. 75
    my guess would be that the record export sales of barley happened right here on this chart -

    firesale barley - the panic sale at a guess


    guess.jpg



    "FOR the past 12 months the barley market has provided nothing but risk and confusion to the grower with the Eastern States drought breaking, followed by the Chinese tariff decision in May 2020, dragging local barley down to relative prices not seen in Australia for a long time.
    The barley collapse even saw wheat prices significantly lower as drought demand collapsed and local feed markets adjusted sharply to new price dynamics.

    The damage is done, for now, and we are fully adjusted on price to life after full China access."


    https://www.farmweekly.com.au/story/6970680/barley-a-market-adjusted-on-the-back-of-turmoil/
    Last edited by pintohoo: 15/05/21
 
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