China backs out of Aussie wheat sales

China backs out of Aussie wheat sales

Australia joins the U.S., which has also seen recent Chinese wheat sales fall through

Chinese wheat importers have cancelled or postponed about one million tonnes of Australian wheat cargoes, said trade sources with direct knowledge of the deals, as growing world stockpiles drag down prices. The news comes after the U.S. government recently reported cancellation of more than 500,000 tonnes of U.S. soft red winter wheat exports to China, the world’s


Stranded livestock land back in Australia after Red Sea turn-back

Reuters – Thousands of sheep and cattle that were stuck on a ship forced to abandon passage through the Red Sea in January have begun disembarking at the same Australian port they left nearly six weeks prior, Australia’s agriculture ministry said Feb.12.  The MV Bahijah sailed from Fremantle, Western Australia on Jan. 5 for Israel