# Who will be feed barley’s best friend? | NSW

> Nidera analyst Peter McMeekin says ABARES and USDA now forecast Australia will break both wheat and barley production records. He notes the recent Saudi tender prices were higher than expected, but logistics and storage constraints limit how much barley can be shipped.

- Date: 2016-12-15 · published 2016-12-15T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/73513-who-will-be-feed-barley-s-best-friend-nsw
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A record Australian barley crop with constrained export logistics points to a growing exportable surplus and carry-outs, which is bearish for feed barley prices despite the Saudi demand.

## Read by commodity

- BARLEY: bearish ▼

## Sources

- theland.com.au: https://www.theland.com.au/story/4356894/charting-grain-who-will-be-feed-barleys-best-friend/

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