# Grain market review: Coarse grains | World Grain

> The IGC said its corn price index eased 1% month on month in its April 20 report, with US export values rising and South American values falling. Large Chinese sales lifted nearby US contracts, while expectations of larger 2023-24 supplies limited gains in deferred months. The IGC also reported barley export prices fell after declines in the Black Sea, EU and Argentina.

- Date: 2023-04-25 · published 2023-04-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/36496-grain-market-review-coarse-grains-world-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Chinese buying supports nearby corn and narrows the US premium to Argentina, but larger new-crop supplies cap further gains. Lower barley export quotes point to cheaper feed barley for buyers.

## Read by commodity

- CORN: bullish ▲
- BARLEY: bearish ▼

## Sources

- world-grain.com: https://www.world-grain.com/articles/18418-grain-market-review-coarse-grains

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