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Citing International Grains Council data, the article says world barley production is forecast to fall about 10 million tonnes to 148 million in 2021/22, with ending stocks down around 5 million tonnes. Roughly 69% of world barley is used as feed.
A forecast drop in global barley output and stocks tightens feed grain supply, and buyers may switch to corn or other grains if barley prices rise too far above them.
Not 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.