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Fodder Exports Surge

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Australian fodder exports have surged in the first quarter of this year, according to the latest Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) data.

108,572 tonnes was exported in March alone, coming in as the highest monthly volume on record since the data series began being recorded in 2014.

The combined total of exports over the first 3 months of 2017 was almost 300,000 tonnes.

Austraia’s largest fodder market, Japan, made up 45% of total exports, followed by China with 22%, South Korea with 21% and Taiwan with 7%.

CEO for the Australian Fodder Industry Association Mr John McKew, commented on the success of international fodder exports.

“We are certainly seeing very strong demand continue for Australian fodder products from our traditional export markets at the start of 2017.

“Our exporters have been very busy with a number commenting that they have been processing at near full plant capacity so far this year.

“As we see interest in Australian fodder products coming from relatively new markets such as the Middle East and India, the outlook remains buoyant for the Australian fodder export industry,” he said.

Last year’s Australian fodder exports totalled 988,175 tonnes.

Image Source – TractorBoy60