# Barley only 'along for the ride' | Stock Journal | SA

> Rabobank analyst Cheryl Kalisch Gordon says Australian barley prices are unlikely to get much better than current levels, with on-farm storage capacity expanded since 2016. She cites a barley discount of up to $90/t to wheat that will persist while China stays out of the market, and expects production a couple of million tonnes above last year.

- Date: 2020-10-22 · published 2020-10-22T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/50706-barley-only-along-for-the-ride-stock-journal-sa
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Larger expected Australian barley output combined with the absent China market points to continued pressure on barley prices, though global benchmark support from the Black Sea and US dryness limits downside.

## Read by commodity

- WHEAT: neutral
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-08-12 | [SA harvest early estimate of 7.6mt \| Stock Journal \| SA](https://feedsoft.ai/events/45537-sa-harvest-early-estimate-of-7-6mt-stock-journal-sa.md) | +2.5% | +4.2% |
| WHEAT | 2023-09-27 | [The global barley outlook and where next for prices: Grain market daily \| AHDB](https://feedsoft.ai/events/34170-the-global-barley-outlook-and-where-next-for-prices-grain-market-daily-ahdb.md) | -5.3% | -2.4% |
| WHEAT | 2026-04-17 | [Durum and Barley Stocks Tighten W... \| Syngenta CA](https://feedsoft.ai/events/19757-durum-and-barley-stocks-tighten-w-syngenta-ca.md) | -0.7% | -0.2% |
| WHEAT | 2017-02-16 | [StrategieGrains increased forecasts for barley and](https://feedsoft.ai/events/72430-strategiegrains-increased-forecasts-for-barley-and.md) | -0.9% | -0.4% |
| WHEAT | 2017-05-10 | [Not bearish, neutral to friendly – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/70937-not-bearish-neutral-to-friendly-ohio-ag-net-ohio-s-country-journal.md) | -2.4% | +0.5% |

## Sources

- stockjournal.com.au: https://www.stockjournal.com.au/story/6978321/barley-prices-only-along-for-the-ride/

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