10 January, 2025

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).

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