Export prices for barley in Ukraine have reached the level of prices for corn and feed wheat

Published 2025년 1월 21일

Tridge summary

Export demand prices for barley in Ukraine have been lower than those for feed wheat and corn, leading to a surge in demand and exports for the 2024/25 marketing year. However, exports have recently decreased due to a decrease in supply from farmers. As a result, purchase prices for feed crops have increased due to limited supply and difficulties in forming export batches. Domestic feed producers are competing with exporters by offering higher prices for barley. However, it is expected that the increase in feed barley prices will reduce demand from processors, who may prefer cheaper wheat and corn. Demand for malting barley remains low due to difficulties in selling malt on international markets. Barley prices have reached the same level as corn and feed wheat prices, which may encourage farmers to increase the area sown with spring barley.

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

Original content

Since the beginning of the 2024/25 MY, export demand prices for barley have remained $30-50/t lower than for feed wheat and corn, which contributed to the growth of demand and an increase in export supplies compared to the previous season. In the 2024/25 MY (as of January 17), Ukraine exported 2 million tons of barley, which is 64% more than in the same period last year (1.22 million tons). However, in December and January, export rates decreased due to a decrease in supply from farmers. In the first 17 days of January, exports amounted to only 9 thousand tons compared to 146 thousand tons for the same period in 2024. Exporters are forced to increase purchase prices for feed crops due to limited supply from farmers and difficulties in forming export batches for January. Therefore, last week, prices for feed barley increased by another 200–400 UAH/t to 9,800–10,000 UAH/t ($206–209/t) with delivery to Black Sea ports and $210–215/t to Danube ports. They were additionally supported ...

Source: Graintrade