Higher Corn and Wheat Rates Boost Ukrainian Barley Market

Ukrainian Barley prices have started rising again after last week’s drop. The increase is driven mainly by stronger corn and feed wheat prices, as well as farmers holding back on sales and traders actively securing supplies to meet export contracts.

Earlier, barley prices had fallen but now recovered slightly to USD 0,22–0,224 per kg. Corn and wheat prices at Black Sea ports also rose to USD 0,227–0,230 per kg.

Current Ukrainian Grain Prices (March 2025)

Exports are slowly picking up. Ukraine exported 48,000 tonnes of barley from March 1–17, slightly higher than last month's 42,000 tonnes, but still far below the 266,000 tonnes exported in March 2024.

So far in the 2024/25 marketing year, Ukraine exported 2.2 million tonnes of barley, up by 16% from the 1.89 million tonnes last year. With rising prices, processors have increased their barley purchases, now paying around USD 0,23–0,24 per kg for feed and malting barley.

Global Stable Barley Market

Internationally, barley prices remain stable thanks to ample supplies from Australia and Canada. However, demand for new crop barley appears cautious, reflected in recent tenders. On March 19, Jordan purchased 60,000 tonnes of feed barley at USD 0,237 per kg (C&F) for delivery in early August from trader Olam.

Jordan scheduled another tender for March 26, seeking 120,000 tonnes of feed barley for July–August delivery, which could offer additional clues on market trends.