MarketsFarm — Declining beer consumption due to the COVID-19 pandemic will also lead to reduced demand for the malt barley to brew it — but acreage to the crop is unlikely to see much adjustment on the Prairies. “I don’t think there’s any question — without sporting events, and festivals, and concerts – that beer […] Read more
Tag Archives australia — page 11
With beer taps off, malt barley demand down
No significant drop in barley acres expected
China-Australia row to reshuffle trade in bulging barley market
Gains for Canada, other exporters won't be 'magical'
Paris | Reuters — A prohibitive Chinese import tariff on Australian barley will benefit other suppliers without changing the bleak global outlook caused by large stocks and depressed beer demand, analysts and traders said. Beijing said on Monday it would apply an 80.5 per cent tariff on Australian barley imports for the next five years, […] Read more
Feed weekly outlook: Barley prices strong
Jury still out on impact of China-Australia trade spat
MarketsFarm — Feed grain prices across the Prairies have been stronger during the week ended Thursday, buoyed by rainy conditions in southern Alberta coupled with steady demand. “To fill the gaps, prices have had to go up,” said Allen Pirness of Market Place Commodities in Lethbridge. Prices for feed barley went up by about $5 […] Read more
China hits Australia with barley tariff
Duty to last for five years; China may turn to Canada, other exporters
Beijing/Sydney | Reuters — China added to tensions with Australia on Monday by announcing anti-dumping and anti-subsidy duties totalling 80.5 per cent on Australian barley imports from Tuesday (May 19), which is expected to all but halt a billion-dollar trade between them. China’s ministry of commerce said it had confirmed dumping by Australia and significant […] Read more
More Mexican beef headed to U.S. dinner tables as supply crunch bites
"I think we're going to leap past Canada this year"
Mexico City/Chicago | Reuters — More Mexican steaks and other beef cuts are headed north of the border after the coronavirus outbreak has hobbled U.S. meat processing plants, potentially offsetting fears of shortages affecting businesses from fast-food chains to grocery stores but angering U.S. ranchers. The Mexican industry chalks up the export growth to new […] Read more
Australia requests China trade talks over beef, barley
Sydney | Reuters — Australia’s trade minister is seeking urgent talks with his Chinese counterpart after key agriculture exports were hit with suspensions and tariff threats, but said Australia will continue to push for an inquiry into the COVID-19 outbreak. Trade minister Simon Birmingham requested a telephone call with Chinese commerce minister Zhong Shan after […] Read more
Global wheat, corn, soy production expected to increase
MarketsFarm — Global crop production in the latest monthly supply and demand report from the U.S. Department of Agriculture (USDA) is expected to increase for wheat, corn and soybeans. USDA released its world agriculture supply and demand estimates (WASDE) on Tuesday. The expectation is that global wheat production will be bumped up by 0.56 per […] Read more
Grains, oilseeds, pulses hold their own amid pandemic
MarketsFarm — Prices for grains, oilseeds and pulses are not as bad off as livestock values are due to the COVID-19 pandemic, according to Neil Townsend, chief market analyst for FarmLink Solutions in Winnipeg. FarmLink hosted a webinar Wednesday to provide its outlook for the coming crop year. One thing Townsend stressed was there is […] Read more
Canola production paths diverge for Canada, Australia
Issues seen in Canadian crop quality, logistics
MarketsFarm — Canola production is on different paths in Canada and Australia, according to the respective attachés from the U.S. Department of Agriculture (USDA). For the world’s top two canola exporters, the attachés forecast production in Canada to remain steady and project strong gains for Australia. USDA’s Foreign Agricultural Service (FAS) published the reports Monday, […] Read more
Australia’s wheat crop troubled
Drought continues, and it’s losing market share in Indonesia and Malaysia
MarketsFarm – Australia’s wheat crop is not looking good for 2019-20 and it’s more than the ongoing drought that’s to blame. As production in Australia has declined, it has also lost global market share, said a report from a United States Department of Agriculture attaché. Why it matters: As Australian wheat production plummets, do does […] Read more
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