Australian Barley Prices Slightly Decreased WoW in W1 2023

The prices of Australian barley have remained stable over the December 2022 harvest. The price of barley in Geelong as of January 6, 2022, was USD 240.65/MT, down by USD 1.35/MT from W52's price of USD 242/MT. The flat prices and additional quality issues brought by the wet season put pressure on exports as shipping stems are allocated to more profitable exports such as canola and wheat.