The global barley market in a stand by

Few new developments in the world barley trade, like last month, the crop shows a calm and expectant market. This was reflected in the new report by engineers specialized in beer cultivation Mario Cattáneo and Fidel Cortese. "With a market with falling prices for almost all grains, as previously forecast, and a complicated world economy, concerned about global inflation and with some financial events that affect international banking, the commercial activity of barley is practically paralyzed for the realization of new businesses, where sellers expect a recovery of values due to eventual shortages and buyers are betting on a further drop in prices”, explained the analysts. "The USDA, in its latest report, once again raised the world barley production estimate for this season to 151.6 million tons and the world trade estimate to 30.3 million, values higher than the last 2021/22 harvest, with positive influence on the final stocks, which in any case remain adjusted”, indicated the ...