# Unpredictable barley market in UkrAgroConsult forecast | Miller Magazine

> Barley production fell sharply in 2024 across the Black Sea and Danube region, mainly because of poor winter conditions and summer drought, with area also cut. Odesa barley prices rose $7 to $170-173 per tonne in early August, and farmers are holding sales. Chinese demand is strong, with about half of July barley exports going to China.

- Date: 2024-08-13 · published 2024-08-13T12:00:00.000Z
- Category: weather · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/28861-unpredictable-barley-market-in-ukragroconsult-forecast-miller-magazine
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Lower regional supply plus farmer holding and strong Chinese demand support barley prices in the Black Sea. Buyers should expect firmer offers into the new season.

## Read by commodity

- BARLEY: bullish ▲

## Sources

- millermagazine.com: https://millermagazine.com/en/blog/unpredictable-barley-market-in-ukragroconsult-forecast-5823

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