Analysts believe that the price of barley will continue to fall in the global market

(NAP) Harvest pressure in the Northern Hemisphere is pushing barley prices lower, a price drop that occurs at the same time as world production estimates are reduced. The explanation could be found in weak demand for malting barley and a drop in feed grains influenced by corn. Despite low yields and some variability in quality in Europe, the world barley market continues to maintain a downward trend. Australia remains the cheapest origin for malting barley, and other origins are catching up to maintain competitiveness. In this campaign, France will have less weight in the market because low yields reduced its supply. Canada, meanwhile, will have a more competitive position and good productions are expected in the Southern Hemisphere for Argentina and Australia. Some analysts, however, believe that the smaller harvests in France and some observed quality problems could influence this period of downward pressure to be relatively short, especially for quality barley and FAQ. It will ...