24 November, 2004

USDA barley exports forecast: U.S. barley export forecasts for 2004/2005 made by UDSA are lowered in November. Unlike last year, the United States is not expected to capture any of Saudi Arabia’s barley market due to intensified competition from Ukraine and the EU-25. United States barley export forecast for 2004/2005 is down 100,000 tonnes to 450,000 tonnes.

Australia barley exports forecast of USDA for 2004/2005 drops by 500,000 tonnes to 3.5 million tonnes as a deteriorating crop reduces exportable supplies.

2004/2005 EU-25 barley forecast of USDA is up 500,000 tonnes to 2.8 million tonnes because of reduced competition from Australia and the resumption of export subsidies.

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