May 10, 2023
Australia, one of the world's leading wheat exporters, has produced three bumper wheat harvests in a row, and with the prospect of an extension of the Black Sea grain corridor deal fading by the day, the country is emerging as a reliable wheat supplier to Asian markets.
In this episode of the Commodities Focus podcast, S&P Global Commodity Insights agriculture news senior editor Asim Anand discusses the outlook for Australian wheat with associate editor Vivien Tang, senior pricing specialist Nikolaos Aidinis Antonopoulos and editor Sampad Nandy.
The panel considers whether Australian wheat has an edge over
its competitors and supply prospects for the upcoming marketing
year, as well as diving into the ambiguity surrounding the Black
Sea grain trade deal and the impacts on the Asian market if
the deal is not renewed on May 18.