# High domestic coarse grain prices mask global slowdown | Farm Online | ACT

> ABARES says Australian domestic coarse grain prices are inflated by drought, while world barley and corn prices are expected to stay low through 2024-25 because of large inventories. It attributes the feed glut to yield gains and to a roughly 20% fall in 2020 pig slaughter caused by African swine fever in China.

- Date: 2020-03-03 · published 2020-03-03T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/54100-high-domestic-coarse-grain-prices-mask-global-slowdown-farm-online-act
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Weak world feed grain prices and reduced global feed demand point to lower barley and corn values, even though local Australian prices remain elevated.

## Read by commodity

- CORN: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-07-15 | [Global crop estimates down \| Farm Online \| ACT](https://feedsoft.ai/events/58041-global-crop-estimates-down-farm-online-act.md) | -2.6% | -7.4% |
| CORN | 2017-08-15 | [Industry doubts on high USDA grain production figures  \| Farm Online \| ACT](https://feedsoft.ai/events/69395-industry-doubts-on-high-usda-grain-production-figures-farm-online-act.md) | -3.4% | -5.0% |
| CORN | 2024-09-17 | [Global coarse grain production declines \| Feed & Grain](https://feedsoft.ai/events/28364-global-coarse-grain-production-declines-feed-and-grain.md) | -0.7% | -1.3% |
| CORN | 2026-04-14 | [US corn stocks hit record high as global coarse grains production rises \| Feed & Grain](https://feedsoft.ai/events/19795-us-corn-stocks-hit-record-high-as-global-coarse-grains-production-rises-feed.md) | +2.3% | +5.3% |
| CORN | 2018-09-15 | [Grain prices down—hay prices up](https://feedsoft.ai/events/63165-grain-prices-down-hay-prices-up.md) | +3.1% | +4.7% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/6659982/high-domestic-coarse-grain-prices-mask-global-slowdown/

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