Loading…
Analysts expect world barley production to fall to 147.5 million tonnes in 2023 as area shifts toward wheat, while USDA's January estimate puts 2022/23 world output at 149.5 million tonnes. World barley prices are falling with wheat and corn, and Ukrainian demand is weak.
A forecast production decline and reduced Argentine and Ukrainian crops offer some support, but abundant supplies and soft demand keep global barley prices under pressure.
graintrade.com.uaJan 25, 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.
