In the month of June, feed barley prices dipped slightly, losing 6% month-over-month. Malt barley prices, however, saw gains of about 2%.
For our GrainCents readers, we’re watching a variety of factors that might affect barley prices: 3 are bearish, 3 are bullish, and 4 are what we call “noise” (AKA lots of people are talking about them but they don’t really matter).
This month, for GrainCents readers, we delved deeper into topics such as:
•Australian potentially siding with China over trade disputes;
• June WADSE report showed no changes to US barley supply and demand;
• Ethiopia’s growing space in the global barley industry;
Heading into the second half of the year, buyers and sellers of feed barley and malt barley will need actionable insight to make sense of ongoing trade tensions, supply and demand factors, and market behavior.
We’re going to see a few wild swings in feed barley and malt barley prices as the summer months progress, and you owe it to yourself and your operation to stay on top of the markets.
That’s why we’re offering a free three-week trial to GrainCents, our exclusive sales recommendation service that holds a 93% success rate on getting farmers the best price possible.