Argentine Barley Price Dropped by 25.3% YoY in Mar-24 Amidst Promising Grain Production and Extra Export Duty

Market & Price Trends
Published Mar 27, 2024
The wholesale price of barley (for feed) in Necochea Partido, Argentina, decreased by 25.3% YoY to USD 0.19/kg in Mar-24. This price decrease can be attributed to the promising production forecast for corn and wheat in the 2023/24 season. In addition, the country's new libertarian government imposed a 15% increase in export taxes, leading to concerns regarding barley exports in 2024, adding further pressure on prices.
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