Australia’s wheat exports to China are soaring despite frictions over trade and diplomacy between the two countries. China’s wheat imports from Australia in the first two months of the year rose by 479.3% more than the volumes in the same period a year ago, according to The South China Morning Post.
Demand for wheat has surged with a recovery from the swine flu for its pig population, which needs more feed material. Pork is one of the most widely-consumed meat in China.
Australian wheat exporters have stepped in to meet this requirement as Russian producers have curtailed supplies to meet its domestic consumption.
Wheat, corn and soybean are among the most popular feed material. Australia farmers harvested one of their biggest wheat crops last year.
Figures from the Australian Bureau of Statistics showed that $1.3 billion worth of cereals were exported in February, which was the highest monthly export ever.
In recent months, China has clamped down on Australian exports amid a diplomatic row as Canberra demanded an international inquiry into the origins of the Covid-19 outbreak.