# Barley bounce in spite of other options | Farm Online | ACT

> Australian barley plantings are expected to rise slightly to about 4.4 million hectares, with production potentially reaching 10 million tonnes versus 8.5 million last year. Analysts note a weaker global coarse grain market due to slower ethanol demand and a potentially large US corn crop.

- Date: 2020-05-05 · published 2020-05-05T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/53076-barley-bounce-in-spite-of-other-options-farm-online-act
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Higher Australian barley output and weak global coarse grain demand are bearish for feed barley prices and export competitiveness.

## Read by commodity

- CORN: bearish ▼
- BARLEY: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-01-24 | [Markets suffer sharp decline \| Farm Online \| ACT](https://feedsoft.ai/events/9541-markets-suffer-sharp-decline-farm-online-act.md) | +8.0% | +4.2% |
| CORN | 2023-07-28 | [International wheat futures surge on Ukrainian port bombings \| Farm Online \| ACT](https://feedsoft.ai/events/35090-international-wheat-futures-surge-on-ukrainian-port-bombings-farm-online-act.md) | -13.3% | -14.1% |
| CORN | 2021-06-14 | [Ahead of the Open - Pro Farmer](https://feedsoft.ai/events/6264-ahead-of-the-open-pro-farmer.md) | -2.8% | -4.2% |
| CORN | 2024-04-05 | [Drought Conditions Improving in Much of Midwest \| Red River Farm Network](https://feedsoft.ai/events/13192-drought-conditions-improving-in-much-of-midwest-red-river-farm-network.md) | -2.2% | -0.4% |
| CORN | 2020-11-15 | [Yields Above Expectations in Northern Illinois After Year of Extremes - AgWeb](https://feedsoft.ai/events/49992-yields-above-expectations-in-northern-illinois-after-year-of-extremes-agweb.md) | +10.4% | +8.7% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/6746044/barley-bounce-in-spite-of-other-options/

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