World: Global barley trade forecasts slightly up in USDA�s January report

USDA�s January report forecasts world�s barley trade in 2024/25 to reach 26.089 mln tonnes � an increase from the 25.989 mln forecast in December but still below the previous year�s 31.944 mln.

Barley crop is seen at 142.030 mln tonnes versus 142.077 mln tonnes forecast last month and 143.374 mln tonnes estimated for 2023/24.

Global barley consumption is forecast to total 146.188 mln tonnes (146.213 mln tonnes forecast in December, 142.565 mln tonnes forecast for 2023/24), and ending stocks are seen at 17.548 mln tonnes (17.57 and 21.706 mln tonnes, respectively).