# The price of barley has increased to 1,5 year high

> Barley prices rose to a 1.5-year high as the IGC cut its world barley forecast to 138.1 Mt on dry weather in the EU, Australia and the US. Saudi Arabia bought 900,000 t at about $180/t FOB Black Sea, and Ukrainian feed barley rose to $154-156/t.

- Date: 2017-08-02 · published 2017-08-02T12:00:00.000Z
- Category: weather · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/69523-the-price-of-barley-has-increased-to-1-5-year-high
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Tighter world barley supply and strong import demand lift export prices, raising feed barley costs for buyers.

## Read by commodity

- BARLEY: bullish ▲

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/tcini-na-yachmin-zrosli-do-15-richnogo-maksimumu.html

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