Feed barley price drops 5 cents in Europe, pressure on global grain market

Published 2023년 1월 23일

Tridge summary

European grain markets, including bagged barley and fodder barley, have experienced a significant price drop of 16.6% to 35-36 cents per kilo by mid-December, with further pressure leading to prices around 26-27 cents per kilo due to a bulk to prices ratio. The decline is largely attributed to competitive Russian export prices, weak ruble, and the loss of the 'war premium.' Additionally, corn prices are at their lowest since May, and the durum wheat market in Italy and France is also under pressure, with limited demand in the Greek market. The situation is expected to be influenced by sowing intentions in Canada, with the French market currently stabilized at 460 euros per ton.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A ratio to bulk prices would place the price near 26 to 27 cents per kilo, however most of the supply is now in sacks. By mid-December, although there had been a reversal of trend in Europe's grain markets, prices had held at around 35 to 36 cents per kilo for bagged barley. So this is a decline of 16.6%. Pressures have also been noted in other livestock products, such as hay oat, the price of which fell in the same period from 33 to 34 cents per kilo, to 28 to 29 cents. Meanwhile, grain markets in Europe completed a third week of pressure, with the price of fodder barley posting the biggest losses compared to the levels it maintained at the end of 2022. In fact, the price of fodder barley in France, from which the rest of the EU commercial centers also take a line, the ton fell by 30 euros in January to 263 euros. Losses are also recorded in the price of malting barley, which after many months returns to the area of 300 euros per ton. In general, the grain market in the EU is ...
Source: GRAgronews

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.