Up to 40% of Ukrainian barley exports will go to China

This was reported by analysts of the PUSK cooperative, established within the VAR. "On the global barley market, demand is forming from the EU, but here Ukraine faces strong competition with Romanian grain. When such buyers as Cyprus and Italy enter the market, French and Romanian barley is mainly exported there. According to forecasts, this year's barley harvest in the EU will add 11 million tons. The main buyers of barley on the world market are China and Saudi Arabia, which buy 50-60% of the total volume," analysts explain. July is expected to be a weak month for exports and prices may not rise as supply increases due to the strengthening of the harvesting campaign. So far, only about 20% of the Ukrainian crop has been harvested, and the supply will increase as the season has not yet started in full force. Currently, more than 1.5 million tons of barley have been threshed, and the forecast for the harvest is 5-6 million tons. "Currently, conventional prices in Ukrainian ...