
Slow Ukrainian barley exports are putting end-of-season carryover stocks at risk of reaching 2–3 million tonnes, according to PUSK analysts. Exports totaled just over 13,000 tonnes in the first nine days of November, while winter barley plantings are forecast to remain near recent lows as farmers shift away from the crop.
Weak export demand leaves more barley available in Ukraine, weighing on prices and increasing the risk of a large domestic surplus. Reduced plantings could constrain future supply, but the immediate carryover outlook is bearish.
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