# Barley: Outlook for the global outlook in 2024

> The Tridge outlook reports global barley prices weakening as Argentina and Australia harvests consolidate and malt/brewing demand is soft. USDA estimates 2023/24 world barley production at 142 million tonnes, with world trade at 27.5 million tonnes and ending stocks at 18 million.

- Date: 2024-02-22 · published 2024-02-22T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/31749-barley-outlook-for-the-global-outlook-in-2024
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Ample Argentine and Australian supply and lower import demand from China and Saudi Arabia pressure global barley values. Tight stocks and quality issues could still spark a rally before the northern harvest.

## Read by commodity

- BARLEY: bearish ▼

## Sources

- tridge.com: https://www.tridge.com/news/barley-outlook-for-the-global-outlook-in-2024

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