Global barley production continues to decline

게시됨 2024년 10월 25일

Tridge 요약

Canada, Australia, and Russia have reported a decrease in barley production due to adverse weather conditions, leading to a global production estimate that is similar to or below the previous campaign. This is expected to result in a decline in world trade but still maintain the lowest final stocks in the past 15 years. The reduction in supply is not causing significant price impacts. France's barley harvest is delayed due to storms, and Canada's production is estimated between 7.6 and 7.8 million tons with variable quality. Russia's production is estimated at 16.8 million tonnes, a 15% decrease from the previous season. Australia's production is estimated to be less than 12 million tonnes due to dry conditions and a frost event.

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원본 콘텐츠

(NAP) The new reduction comes from Canada, Australia and Russia, where weather conditions had a negative impact on crop development. International estimates for barley cultivation continue to reduce global production for the current campaign, according to the report prepared by the consulting firm Cebada Cervecera. The new estimated volumes are already similar to or below the global production of the 2023/24 cycle, which ended last June. The new reduction comes from Canada, Australia and Russia, where weather conditions had a negative impact on the crop, as a result of high temperatures and rains during the harvest in Canada, dryness and frost in some regions of Australia, and drought and high temperatures in Russia. World trade is expected to decline in the current campaign, but final stocks will still decrease to reach the lowest level in the last 15 years. The lower demand caused the reduction in supply not to be worrying, so the impact on prices will be limited despite the low ...

출처: Noticias Agropecurias