Australian Fodder Exports Surge in 2017
9 May 2017
Australian fodder exports have surged in the first three months of 2017 according to the latest Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) data. March 2017 fodder exports totalled 108,572 tonnes, the highest monthly volume on record since the data series commenced in July 2014. The first three months of 2017 have seen export volumes reach almost 300,000 tonnes.
Japan, Australia’s largest fodder market accounted for 45 per cent of total exports by volume for the first three months of 2017 followed by China with 22 per cent. The Republic of Korea accounted for 21 per cent and Taiwan, historically the fourth largest market, accounted for 7 per cent.
For the full 2016 calendar year, Australian fodder exports totalled 988,175 tonnes.
“We are certainly seeing very strong demand continue for Australian fodder products from our traditional export markets at the start of 2017,” commented Mr John McKew, CEO for the Australian Fodder Industry Association.
“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.”
Chief Executive Officer
Australian Fodder Industry Association
W: (03) 9670 0523
M: 0438 182 600