# Grain prices have more work to do yet to resolve world shortage - Grain Price News

> Grain Price News says the 2022 grain price rally has not produced enough extra output to resolve the world supply shortage. USDA sees wheat output lagging demand in 2022-23 and coarse grains such as barley, corn and oats struggling to match consumption. The EU cut its soft wheat forecast by 5 million tonnes after dryness in France and Romania.

- Date: 2022-07-01 · published 2022-07-01T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/40547-grain-prices-have-more-work-to-do-yet-to-resolve-world-shortage-grain-price-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Persistent supply deficits in wheat and coarse grains support prices, while lukewarm production response means tightness may persist for feed buyers.

## Read by commodity

- CORN: bullish ▲
- OATS: bullish ▲
- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Sources

- grainpricenews.com: https://grainpricenews.com/2022/07/01/grain-prices-have-more-work-to-do-yet-to-resolve-world-shortage/

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