# GRAIN BULLETIN: Local feed prices hold amid global declines | Stock Journal | SA

> South Australian barley averaged near A$330 a tonne in November, dipping only briefly to the low A$320s during modest harvest selling. Global barley production is forecast at a five-year low of 143 million tonnes, and Chinese demand is keeping Australian prices supported.

- Date: 2023-11-24 · published 2023-11-24T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/33257-grain-bulletin-local-feed-prices-hold-amid-global-declines-stock-journal-sa
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A tight global barley crop and steady Chinese buying support feed barley prices, even as US Gulf and Argentine corn trade at cheap FOB levels.

## Read by commodity

- CORN: bearish ▼
- BARLEY: neutral

## Sources

- stockjournal.com.au: https://www.stockjournal.com.au/story/8435529/grain-bulletin-local-feed-prices-hold-amid-global-declines/

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