Barley: Production and global markets overview on November 2023

This month's highlights Even with one of the smallest global harvests in 10 years, added to quality problems in Europe, values have not been altered in a positive way; On the contrary, there has been a slight decrease. China is slowly returning to the market, approaching average import volumes of recent years, focusing on the renewed relationship with Australia. In Argentina, crop development in most cases is good, with good yield expectations. International panorama With the supply and demand for barley practically immobile, and with the harvest completed in the northern hemisphere, the feedlot world is awaiting the results of the harvests in the southern hemisphere (Argentina and Australia) to define the volumes and qualities available from now until July 2024. Even with the confirmation of world barley production that constitutes one of the smallest global harvests in 10 years, added to quality problems in Europe, barley values have not been altered in a positive way ; On the ...