16 June, 2005

USDA: World barley trade 2004/2005 and 2005/2006

United States Department of Agriculture (USDA) published on June 11 its latest forecast of world trade changes of barley in 2004/2005 and 2005/2006.

World barley trade 2004/2005: According to USDA estimations, 2004/2005 Australia barley export is raised by 700,000 tonnes to 4.5 million based on strong demand from the Middle East and North Africa. Iran barley import is raised by 300,000 tonnes to 550,000 tonnes based on higher-than-expected imports from Australia.

World barley trade 2005/2006: According to USDA estimations, 2005/2006 Canada barley export raised by 200,000 tons to 2.0 million based on less Black Sea competition. EU barley export raised 300,000 tonnes to 3.6 million on less Black Sea area competition. Ukraine barley export lowered 300,000 tonnes to 3.5 million tonnes due to a sizeable drop in production and tight exportable supplies.

According to USDA estimations, 2005/2006 Iran barley import increased 200,000 tonnes to 500,000 tonnes reflecting expanded demand. Morocco barley import is raised 200,000 tonnes to 400,000 tonnes based on a drop in production caused by regional drought. Turkey barley import is lowered 300,000 tonnes to 100,000 tonnes on expectations for a larger crop.

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