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Tridge summarizes that global barley production for 2023/24 is estimated near 140 million tonnes, the lowest since 2018/19. Output fell in five of the six largest exporters, while Argentina is the exception, and Australia-China barley trade has resumed.
Lower production among major exporters reduces export availability and supports barley prices, partly offset by a slight drop in brewing barley prices.
tridge.comVictor LangatSep 20, 2023Not 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.
