News

Prices for barley in Ukraine fall under the pressure of low demand

Barley
Ukraine
Published May 20, 2022

Tridge summary

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 the 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 for a reduction in its production in the new season. In Ukraine, the sowing area of winter barley for the 2022 harvest decreased by 16.8% compared to last year to 969 thousand hectares, and spring barley - by 45% to 918.8 thousand tons. fertilizer yields of barley, its production will amount to 5-6 million tons, which will be 40-50% less than last year's figure. Demand prices for feed barley fell by 100-300 UAH/t and as of May 18 are 6500-7300 UAH/t with delivery to processors, while prices for corn fell to 5800-6300 UAH/t with delivery to feed mills.

Original content

factories. At the beginning of the week, a slight increase in prices was recorded in the western regions. Some buyers raised demand prices to attract the necessary volumes of grain, but they remain within the existing range. High domestic prices for barley and a significant cost of delivery to Romanian ports at the level of $85-100/t do not yet allow traders to purchase and export fodder barley, given the current level of prices for it on world markets. The decline in production in ...
Source: Zol
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