Uruguay to complete first shipment of barley to China this month: report

Uruguay is expected to ship its first cargo of barley to China this month after first approving the country as a supplier to the...

Uruguay is expected to ship its first cargo of barley to China this month after first approving the country as a supplier to the Chinese market back in February 2019.

Local newspaper El Observador reported that the initial shipment of 35,000 mt is scheduled to depart from the Nueva Palmira port this month.

Ruber Martinez, director at the port operator Corporacion Navios said that this shipment is exceptional as the country does not usually export barley, as it is mostly oriented for consumption in the domestic market.

“I believe that this is a very interesting news as Uruguay has the capacity to produce and export barley as it currently does with wheat. With this initial shipment we can open up new opportunities to export this grain,” he said.

According to the report, the protocol conditions signed by China and Uruguay for this initial barley shipment will be revealed later this month.

The Chinese General Administration of Customs (CGAC) originally approved the import of corn and barley from Uruguay into China two years ago, with the imports subject to GMO regulations in China and can only be imported through “designated ports” and processed by “designated crushers”.

Uruguay is expected to export 100,000 mt of barley in the 2020/21 crop cycle, according to the latest report by the USDA, nearly double the 41,000 mt exported in the previous crop.

Meanwhile, China is expected to import a total of 7 million mt of barley in the current cycle, up from 5.97 million mt in the 2019/20 crop, according to the USDA.

What to read next
The French corn harvest advanced by 7 percentage points in the week to Monday November 25, with 89% of the total planted area now harvested, according to the latest weekly report from FranceAgriMer.
Due to a public holiday there is no PIX publishing on Tuesday December 24, 2024. The PIX Pulp and Paper Europe and PIX Sawn Timber Finland indices will be published on Friday December 27, 2024, at 12 noon Helsinki time instead. The PIX Pulp China indices will be published normally on Friday December 27, 2024, […]
Following an initial one-month consultation period, Fastmarkets has decided to extend the consultation period of the proposal to launch low-grade ferro-nickel, 20-25% Ni contained cif China price assessment to allow for additional feedback from the industry.
Argentina’s soybean sowing area estimate for the 2024-25 crop was raised by 0.6%, to 17.9 million hectares, while the wheat output was projected at 17.6 million tonnes, the country's Secretariat of Agriculture, Livestock and Fisheries (SagyP) monthly report showed on Thursday November 21.
Fastmarkets has corrected select forward price months for AG-CRN-0051 Corn CIF Vietnam c$/bu, which were published incorrectly on Thursday November 14.
The publication of Fastmarkets’ index for steel reinforcing bar (rebar) export, fob China main port for Tuesday November 19 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.