Australia farmers can not benefit from the US trade dispute with China

Australian farmers are suffering a serious drought for the second year in a row. They are unlikely to benefit from the trade conflict between the US and China because the large crops such as wheat and sorghum produce only a small crop.
The devastating drought across Australia is likely to deplete the wheat harvest of the world's fourth largest grain exporter. For wheat and sorghum (millet), China is one of the major buyers.
China intends to increase grain and oilseed imports from countries other than the US, as a trade dispute is being waged with the US. Meanwhile, droughts in Europe and the Black Sea are pushing up wheat prices, while crop estimates in China are also falling. It does not seem to matter at all about the prices, it is a political decision of China to defend itself in the competition for import tariffs.
The Australian winter (June to August) was the warmest since weather data were systematically recorded and one of the tenth-driest ever.
The next Australian wheat harvest is currently estimated at 20 million tonnes (previous year: 21.2 million tonnes). In 2016/17, a record crop of 31.8 million tons was harvested there.Some market analysts expect only 13 million tons if there is no rain soon.
Chinese state agricultural experts are currently discussing ways to substitute soybean meal in the feed mix with other components. It wants to help its farmers to compensate for higher import prices and to reduce deliveries from the USA.
Sorghum production in Australia dropped to just 994,000 tonnes last year. That was half of the usual. This year's harvest depends on whether it rains in the (summer) months of November and December. Regardless, it is already certain that less grain will be available for export, the general opinion at a cereal event in Melbourne. You need more feed in your own country because the roughage crop is also small.

Please describe your request so that we can prepare for the callback.
Yes, I have read the Privacy Policy note and I consent that the data provided by me, including the contact data, for the processing of the inquiry and in case of questions are electronically collected and stored. My data will only be used strictly for my request and will not be passed without my consent. This consent can be revoked any time with effect for the future.'
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Register now

Jetzt registrieren und ZMP Live+ 14 Tage kostenlos testen!
  • Dauerhaft kostenfrei
  • Keine Zahlungsinformationen erforderlich