Ukraine: Barley products have higher chances to go abroad, according to experts

Published 2022년 6월 29일

Tridge summary

The article highlights the key roles of barley grain in the production of cereals and animal feed, especially in pig farming, and as a raw material in the brewing industry. It also notes the potential for increased international demand for Ukrainian barley products, especially with the EU lifting tariff restrictions on Ukrainian imports. However, the domestic market may also drive the consumption of barley products due to increased prices for other cereals. The Ukrainian Business and Trade Association (UBTA) is encouraging consumer support for domestic producers, particularly during the war, by avoiding imported barley groats.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Barley grain is used for the production of cereals, in particular pearl barley and barley, and is also a raw material (malt) for the brewing industry. At the same time, the main article of barley consumption is its use in the production of animal feed, mainly in pig farming. This was reported by analysts of the expert-analytical group of the Ukrainian Association of Business and Trade (UBTA) in the article "Sell or store winter barley to farmers, having three times lower market price" on Kurkul.com. According to UBTA analysts, this year barley products have a higher chance of going abroad. "The EU has lifted all tariff restrictions on imports of Ukrainian products that were in force before. Imports of some barley products were limited by established quotas. Such products include barley groats and flour, cereal grains processed in other ways; bran, waste and residues; malt. However, it should be understood that the culture of consumption of barley groats is not sufficiently ...

Source: Kurkul