Argentinian Barley Prices Plummet 26.33% YoY in W3 Amidst Market Fluctuations and Economic Challenges

Argentine barley prices witnessed a significant 26.33% YoY drop in W3, reaching USD 0.2/kg, with a 5% WoW increase. The decline is attributed to increased yields, resulting in a projected harvest of 4.4 mmt and an exportable supply of 3 mmt. Additionally, domestic marketing faces a 70% relative delay, with only 345 thousand mt traded, impacting registrations of international sales at 329.1 thousand mt, well below the average for this period.