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Tridge Analysis

W11: Weekly Barley Update

Updated Mar 21, 2023
Tridge's global market analysts and country representatives analyze what happened in W11 in the global barley market. In summary, Barley exports from France to non-EU countries raised by 0.2MT to 3.0MT, but 11% less will be exported to EU countries for 2022/23. Australia seasonally reduced feed barley and increased sorghum exports in January 2023, with market operators expecting 800KT in February and March 2023. Jordan has announced a bid to purchase 240KT of barley and wheat to increase its grain reserves. North Korea has promoted wheat and barley sowing, with workers expanding results and technical officials improving responsibility. ICARDA and INRA collaborated to produce six new varieties of durum wheat and barley, which are more resilient to climatic challenges.

France

France Raises Export for Barley in 2022/23 Season (Mar 16)

Barley exports from France to non-EU countries in the 2022/23 season are raised by 0.2MT to 3.0MT, but 11% less will be exported than in the previous season. The volume of barley supplies to the EU countries is around 3.0M tons (+7%), 0.1M tons less than the February 2023 forecast.

Australia

Australia Cut Feed Barley Exports in January 2023 (Mar 14)

In January 2023, Australia seasonally reduced exports of feed barley and increased sorghum exports. The export of fodder barley decreased to 417.2KT compared to 1.06M tons in December 2022, while sorghum increased by 12% m/m to 50.1KT. The decrease in grain shipments was because Australia traditionally exports barley in December 2022, and shipments in the next month are not so high. Market operators expect shipments in February and March 2023 to reach 800KT.

Australia Exported 472,935T of Barley and 50,115T of Sorghum in January 2023 (Mar 15)

Australia exported 417,215T of feed barley, 55,720T of malting barley, and 50,115t of sorghum in January, with Saudi Arabia, Jordan, and The Philippines being the biggest customers.

China

China Is the Leading Buyer of Ukrainian Corn and Barley (Mar 18)

China is promoting the Black Sea Grain Initiative by sending 21% of agricultural goods exported through the grain corridor to China, making it the most powerful Ukrainian product. China has been the primary buyer of Ukrainian corn and barley, especially Ukrainian corn without GMOs. On 22 February, China increased its import of Ukrainian corn to 2.4M tons per breast.

Jordan

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

Jordan has announced a bid to purchase 240KT of barley and wheat to increase its grain reserves.

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, with workers expanding the results and technical officials improving their responsibility. Farmers have finished planting all grains for the planned area based on science and technology.

Morocco

6 New Varieties of Wheat and Barley Developed in Morocco to Resist Drought (Mar 16)

ICARDA and INRA collaborated to produce six new varieties of durum wheat and barley, which all have key genetic traits that make them more resilient to climatic challenges. Farmers sowed and harvested the most promising varieties in 30 farms, and the new varieties have been registered in the national seed catalog. This project is part of the Ministry of Agriculture's Generation Green 2020-2030 plan to achieve greater food sovereignty by 2030.

Ukraine

Farmers of the Kirovohrad Region in Ukraine Sowed the First Thousand Hectares of Spring Barley (Mar 16)

Farmers in Kirovohrad Region have started sowing, with the first thousand hectares already under spring barley. In 2023, they plan to sow 407K ha with spring crops and 733K ha with technical crops.

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