# New season barley prices relatively supported: Analyst's Insight | AHDB

> Global wheat futures fell after SovEcon raised its 2021 Russian wheat forecast by 3.1 Mt to 79.3 Mt. The IGC projected lower global barley production for 2021/22, which analysts say supports barley prices relative to other grains. Chicago maize was supported by Chinese purchases of US corn.

- Date: 2021-03-18 · published 2021-03-18T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/12403-new-season-barley-prices-relatively-supported-analyst-s-insight-ahdb
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A tighter projected 2021/22 global barley crop supports barley prices relative to wheat and corn, while a larger Russian wheat crop caps wheat upside.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bearish ▼
- BARLEY: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| BARLEY | 2021-03-22 | 1 | -4.7% | -3.0 | Global wheat futures fell after SovEcon raised its Russian crop forecast, which pressured the broader grain complex and likely spilled over to barley, though lower IGC barley output estimates partly offset this. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-11-28 | [Analyst insight: Strong start for UK 2026 winter crops \| AHDB](https://feedsoft.ai/events/21895-analyst-insight-strong-start-for-uk-2026-winter-crops-ahdb.md) | +2.1% | +1.0% |
| WHEAT | 2019-08-29 | [Analysis: Grain prices unlikely to rise in next few months - Farmers Weekly](https://feedsoft.ai/events/5700-analysis-grain-prices-unlikely-to-rise-in-next-few-months-farmers-weekly.md) | -3.2% | +0.5% |
| WHEAT | 2022-03-10 | [Few Surprises in Supply/Demand Report \| Red River Farm Network](https://feedsoft.ai/events/42238-few-surprises-in-supply-demand-report-red-river-farm-network.md) | -3.3% | +4.6% |
| WHEAT | 2021-03-18 | [The higher forecast production in the new season lowers the price of wheat old crop](https://feedsoft.ai/events/48191-the-higher-forecast-production-in-the-new-season-lowers-the-price-of-wheat-old.md) | +0.9% | -3.3% |
| WHEAT | 2022-08-05 | [Major fall in global food prices for July, but future supply worries remain \| UN News](https://feedsoft.ai/events/40157-major-fall-in-global-food-prices-for-july-but-future-supply-worries-remain-un.md) | +7.3% | -4.2% |
| CORN | 2026-04-19 | [Slight hike in projected prices – AgriNews](https://feedsoft.ai/events/19753-slight-hike-in-projected-prices-agrinews.md) | +1.2% | +2.9% |
| CORN | 2022-04-22 | [North America faces high feed prices, tight grain supply \| Feed Strategy](https://feedsoft.ai/events/41977-north-america-faces-high-feed-prices-tight-grain-supply-feed-strategy.md) | -0.2% | -2.1% |
| CORN | 2022-03-10 | [Few Surprises in Supply/Demand Report \| Red River Farm Network](https://feedsoft.ai/events/42238-few-surprises-in-supply-demand-report-red-river-farm-network.md) | +2.5% | +11.8% |

## Sources

- ahdb.org.uk: https://ahdb.org.uk/news/new-season-barley-prices-relatively-supported-analyst-s-insight

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.