Australia’s farmers are on a mission to find fresh buyers for their barley, and are targeting bigger exports this year even after the country’s top customer, China, slapped tariffs of about 80% on the grain, reports Bloomberg.
Markets in Japan, Vietnam, Indonesia, India and Saudi Arabia are among those being scoured for new clients or eyed for increased shipments of the cereal, which is mostly used in brewing and livestock feed.
The tariff on barley -- along with a Chinese ban on some meat exports -- comes at a time when Australia’s primary producers are reeling from a steep drop in demand as restaurant shutdowns to stem the coronavirus slash global demand for products like beer, steak and seafood.
