# Barley Markets - AG INFORMATION NETWORK OF THE WEST

> Barley prices are being pressured by COVID-19, which has weakened wheat futures and closed Mexican breweries, cutting malt demand. Idaho malt backlogs are being cleared before harvest, while feed barley faces competition from cheap corn.

- Date: 2020-05-14 · published 2020-05-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/53198-barley-markets-ag-information-network-of-the-west
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower wheat futures and weak malt and feed demand are bearish for barley prices, though the clearing of stored malt barley limits the pressure.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Sources

- aginfo.net: https://www.aginfo.net/report/45972/Barley-Markets

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