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Northern hemisphere barley area is expected to decline, with German plantings projected down 12%. USDA estimates the 2022/23 global barley crop at 149.5 million tonnes, while RMI Analytics forecasts 147.5 million tonnes for the coming season, and Chinese buying of feed barley remains strong.
Lower European barley output and strong Asian feed demand tighten the global barley balance, though analysts expect adequate feed grain supplies to remain available.
en.boerenbusiness.nlNiels van der BoomMar 28, 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.
