16 September, 2022

World: Barley trade forecast unchanged, production up in USDA’s September report

The global barley trade 2022/23 forecast is unchanged in USDA’s September report: at 29.716 mln tonnes vs. 28.774 in 2021/22.

World barley crop forecast is up, though – at 147.723 mln tonnes versus 146.357 mln forecast in August and compared to 145.401 mln tonnes in 2021/22.

Total consumption is seen at 148.141 mln tonnes (vs. 147.061 mln tonnes forecast in August, 148.603 mln tonnes forecast for 2021/22) and ending stocks at 17.249 mln tonnes (16.853 and 17.667 mln tonnes, respectively).

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