News

Barley prices in Ukraine are falling under the pressure of low demand

Barley
Ukraine
Published May 20, 2022

Original content

Prices for feed barley in Ukraine are gradually falling under the pressure of low export demand and reduced interest from processors. In addition, they are under pressure from falling prices for feed corn and wheat, low demand from the main consumers who worked on a traditional raw material base and periodically bought only the necessary volumes, as well as the almost complete absence of barley exports. Prices are slightly supported by limited transitional stocks of barley and forecasts of a reduction in its production in the new season. In Ukraine, the area under winter barley for the harvest -2022 decreased by 16.8% compared to last year to 969 thousand hectares, and spring - by 45% to 918.8 thousand tons against the background of declining due to shortages and high prices for fertilizers barley, its production will be 5-6 million tons, which is 40-50% lower than last year. Demand prices for feed barley fell by UAH 100-300 / t and as of May 18 amounted to UAH 6,500-7,300 / t ...
Source: Graintrade
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