The rapprochement between Australia and China risks adding pressure to Europe’s barley prices, but the impact may not be as severe as it first looks.

Black Sea grain exports, having made headlines two weeks ago on talk of Moscow putting a price floor on exported wheat, garnered fresh attention when three trading giants announced Russian retreats. Cargill said it was quitting grain elevation, while Louis Dreyfus and Viterra also unveiled exits. Between them, the trio account for about 14% of Russian wheat exports.

Wheat: Black Sea support has returned as rhetoric surrounding rumoured export bans from Russia, and increased export taxes...

Barley: EU barley markets were supported by dwindling supplies of Ukrainian barley...

Corn: Corn markets have found support, helping underpin grain markets as China continues to purchase large volumes...

Weather: In North America, the Midwest will receive further rains, as farmers prepare for planting...

Current market overview and short term outlook for wheat & corn.
– Wheat
- Barley
– Corn
– Weather Alerts

Current market overview and short term outlook for wheat & corn.
– Wheat
- Barley
– Corn
– Weather Alerts

Global grain stocks are poised to end 2022/23 at the lowest in eight years, sapped by adverse weather and geopolitical supply setbacks. Additionally, barley looks unlikely to be top priority in farmers’ sowings for the 2023 harvest.

Current market overview and short term outlook for wheat & corn.
– Wheat
- Barley
– Corn
– Weather Alerts

Current market overview and short term outlook for wheat & corn.
– Wheat
- Barley
– Corn
– Weather Alerts

Current barley marketing strategy

In our latest webinar, we look at the war in Ukraine, the implications for EU and global trade and how different scenarios could effect prices.