# World barley prices remain under pressure from a significant feed grain supply

> Barley prices remain low despite a global decline in barley output. USDA cut its 2023/24 world barley production forecast by 0.7 million tons to about 142.9 million, near a 10-year low, and ending stocks are expected to fall 9.6%. Weak demand and a record global grain harvest are keeping prices down.

- Date: 2024-01-29 · published 2024-01-29T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/32191-world-barley-prices-remain-under-pressure-from-a-significant-feed-grain-supply
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Tighter barley supplies would normally support prices, but weak feed and brewing demand and abundant corn keep the price pressure lower for feed buyers.

## Read by commodity

- BARLEY: bearish ▼

## Sources

- tridge.com: https://www.tridge.com/news/world-barley-prices-remain-under-pressure-from-a-s

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