
Australian barley bids for 2025-26 have eased to about A$300 a tonne at Port Adelaide, down $8-$15 a tonne from July as seasonal conditions improved. Black Sea barley is offered near US$220 a tonne, and Australian barley has lost its position as the world's most expensive feed grain.
Global feed grain production forecasts are rising.
Cheaper global feed grains from the Black Sea and the Americas are pulling Australian barley values down toward pre-war levels. Export competitiveness is improving, which keeps downward pressure on barley prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.