Slight increases in the global price of feed and malting barley

(NAP) The international market for forage and malting barley has shown in recent days a trend towards rising prices, especially in Europe, which generate optimism after a long time of declining values. However, the world barley market remains sluggish, with no immediate signs of recovery, despite the fact that the available global harvest is almost 10 million tons lower than the previous one, one of the lowest in the last decade. The reduction in demand and trade generated a comfortable balance, according to the latest work by the consulting firm Cebada Cervecera. However, the appearance of China in the forage market, the conditions of winter crops in Europe, the difficulties of sowing spring barley on that continent, and an expectation of lower production in the next campaign generate moderate optimism in the feedlot market. On the other hand, important productions of other grains such as wheat and corn will continue to put downward pressure on prices. In its latest report, the ...