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China's appetite for barley sucks in French and Canadian new crop | Hellenic Shipping News Worldwide


China’s appetite for barley sucks in French and Canadian new crop
China’s buying spree of French and Canadian barley is spilling into the 2021/22 crop with large forward purchases, due to its major feed grain needs and a prohibitive tariff on Australian barley, traders and analysts said.
China has been sweeping up huge volumes of foreign crops to help feed a pig herd being rebuilt after a disease epidemic. In barley, an 80.5% tariff slapped on Australian supplies last year, amid diplomatic tensions with Canberra, has focused demand on other suppliers.
A large amount of Canada’s 2021 barley crop has already been booked by Chinese buyers, traders said, with one citing at least one million tonnes. ....

France General , Saudi Arabia , Australian Capital Territory , Veronica Brown , Michael Hogan , Mark Potter , Brent Atthill , Gus Trompiz , Helene Duflot , Hallie Gu , Us Department Of Agriculture , International Grains Council , European Union , Strategie Grains , Lunar New Year , Rod Nickel , பிரான்ஸ் ஜநரல் , சவுதி அரேபியா , ஆஸ்திரேலிய மூலதனம் பிரதேசம் , வெரோனிகா பழுப்பு , மைக்கேல் ஹோகன் , குறி பாடர் , ஹாலி கு , சர்வதேச தானியங்கள் சபை , ஐரோப்பிய தொழிற்சங்கம் , சந்திர புதியது ஆண்டு ,

China's appetite for barley sucks in French and Canadian new crop


2/3/2021
China s tariff on Australian barley favours other suppliers
French, Canadian new-crop feed barley already sold -traders
Forward deals on top of big shipments in current season
By Gus Trompiz
PARIS, Feb 3 (Reuters) - China s buying spree of French and Canadian barley is spilling into the 2021/22 crop with large forward purchases, due to its major feed grain needs and a prohibitive tariff on Australian barley, traders and analysts said.
China has been sweeping up huge volumes of foreign crops to help feed a pig herd being rebuilt after a disease epidemic. In barley, an 80.5% tariff slapped on Australian supplies last year, amid diplomatic tensions with Canberra, has focused demand on other suppliers. ....

France General , Saudi Arabia , Australian Capital Territory , Veronica Brown , Michael Hogan , Mark Potter , Brent Atthill , Gus Trompiz , Helene Duflot , Hallie Gu , Us Department Of Agriculture , International Grains Council , European Union , Strategie Grains , Lunar New Year , Rod Nickel , For Restrictions , பிரான்ஸ் ஜநரல் , சவுதி அரேபியா , ஆஸ்திரேலிய மூலதனம் பிரதேசம் , வெரோனிகா பழுப்பு , மைக்கேல் ஹோகன் , குறி பாடர் , ஹாலி கு , சர்வதேச தானியங்கள் சபை , ஐரோப்பிய தொழிற்சங்கம் ,