Feed Barley Price Trend and Forecast

Feed Barley Regional Price Overview

Get the latest insights on price movement and trend analysis of Feed Barley in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Feed Barley Price Trend for the Second Half of 2024

The prices of feed barley fluctuated during the second half of 2024, influenced by shifts in production levels and trade policies. The Chinese government’s decision to reduce grain imports benefited local growers by supporting domestic prices and alleviating oversupply in the region. However, this policy adversely affected major exporters like Australia and Canada. While previously booked shipments remained unaffected, trade volumes declined in the later months of the period.
 

Feed Barley Price Chart

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Additionally, weather conditions significantly impacted barley production. Drought conditions in key growing areas, such as Western Canada, reduced yields and lowered production estimates. Geopolitical disruptions, including ongoing conflicts in Eastern Europe, further constrained the export market, causing supply chain disruptions. As a result, the global feed barley market experienced fluctuating price trends throughout the period.

Analyst Insight

According to Procurement Resource, the prices of Feed Barley are expected to show an oscillating trajectory in the upcoming months as fluctuations in supply and logistical challenges will continue to drive the market.
 

Feed Barley Price Trend for the First Half of 2024

In the first half of 2024, the price trend for feed barley in Ukraine faced significant downward pressure. Initially, prices surged due to high starting costs and strong early demand, but this momentum softened as global competition intensified, particularly with increased barley production in the EU and other regions. Export demand weakened, prompting Ukrainian exporters to adjust their prices downward.

Additionally, a reduced premium for malting barley led some farmers to sell it as feed barley, further increasing supply and contributing to the price decline. With an abundance of alternative feed grains, such as fodder wheat and corn, globally, the market experienced continued challenges in sustaining higher prices. As a result, the first half of 2024 was characterized by a cautious and declining price environment for feed barley, driven by a combination of global oversupply and competitive market forces.

Analyst Insight

According to Procurement Resource, a delayed correction is anticipated in the Feed Barley prices going forward since the current supply situation will continue to dominate the market for some time in the near future as well.
 

Feed Barley Price Trend for the Second Half of 2023

Feed barley is used for feeding purposes for livestock like cattle. As per Agriculture Canada the total supply of feed barley in Canada for the 2023-24 period was estimated to be at 8.75 million tonnes, down by 17 percent from the previous year. However, despite this, the feed barley prices were observed to be falling throughout the said period. Since other feed crops like wheat and oats were also available at even cheaper rates the feed barley got substituted with other feed varieties.

Maize imports were also high from Asia which again provided other cheaper alternatives. However, the reductions in prices were very marginal; thus, the prices primarily fluctuated within a very limited range.

Analyst Insight

According to Procurement Resource, the Feed Barley price trends are expected to continue to oscillate in a similar manner in the coming months as well. However, the lesser yields will provide the optimum upside push.
 

Feed Barley Price Trend for the First Half of 2023

Feed Barley can be referred to the barley crop that is used as cattle and poultry fodder. It generally has more protein content than the malting barley. Feed Barley observed oscillating price trend during the discussed period of H1 2023.

As the disrupted, unseasonal, and uneven rain cycles affected the crop yields substantially, the prices wavered on the higher side of the curve in Asia, particularly India and China. Availability of Ukrainian supplies in the European market through UN negotiations of the black sea deal gave some respite to the prices there, but overall production yield was a concern throughout.

Analyst Insight

According to Procurement Resource, the price trend for Feed Barley is expected to rise in the upcoming months owing to low production yields amid severe weather conditions.

Procurement Resource provides latest prices of Feed Barley. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.