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Tridge Analysis

W10: Weekly Barley Update

Updated Mar 15, 2023
Tridge's global market analysts and country representatives analyze what happened in W10 in the global barley market. In summary, The total volume of barley transportation by the Russian railway for the period under review was 207.98KMT in February 2023. In Jordan, an official source claims that the government has put out bids to buy 240KT of barley and wheat to increase its grain stocks. In Kazakhstan, Barley production is 3.3MMT, a 39% increase from 2022.

Russia

Rail Shipments of Barley for February 2023 (Mar 6)

The total volume of barley transportation by the Russian railway for the period under review was 207.98KMT, with internal movement of 61.1%, export of 37.9%, import of 0.0%, and transit of 1.0%. The ratio of intra-regional to inter-regional transportation was 71.6%, and domestic transportation was 88.0% of the volume of the previous period.

Spain

A drop of USD 11.74/T In Barley at the Lonja de Sevilla (EUR 10) (Mar 9)

The Lonja de Sevilla saw a strong fall in barley, sunflower, wheat, durum, oats, corn, peas, broad beans, and sunflower, with barley falling USD 11.74/T (EUR 11/T) to USD 306.33/T (EUR 287/T).

Jordan

Jordan’s Government Announces Bids for 240,000 Tons of Barley and Wheat (Mar 14)

An official source claims that Jordan has put out bids to buy 240KT of barley and wheat to increase its grain stocks. An offer by the government to buy 120KT of barley has been made public.

Kazakhstan

Kazakhstan’s Wheat and Barley Production Improves in 2022/23 (Mar 8)

Barley production is 3.3MMT in Kazakhstan which improved in 2022/23, experiencing a 39% increase from 2022.

North Korea

North Korea Begins Full-Fledged Sowing of Wheat and Barley in Spring (Mar 13)

North Korea has started promoting wheat and barley sowing in earnest in the spring season. The Labor Newspaper reported on the 13th that workers in the agricultural sector are expanding the results while proceeding with the sowing of spring wheat and barley as required by science and technology.

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