Canada: Barley exports in August-December total 1 mln tonnes with majority going to China
Canada’s barley exports in August – December 2018 were 1 mln tonnes, of which 660 thousand to China, and virtually nothing to the USA, H. M. Gauger GmbH reported on March 2.
The country is excluded from exports to Saudi Arabia, but now markets wonder whether Canadian barley could replace a larger percentage of Australian imports into China.
Canada’s harvested barley acreage was 5.9 mln acres in 2018, was forecast at 6.2 mln for this year, but may even become larger.
Domestic feed use is higher than forecast and may top 6 mln tonnes at the end of the 2018/19 grain year.
Malting and other demand of 1.15 mln tonnes looks stable, but maltsters must be aware of the anticipated large malting barley exports.
Wstecz
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