Barley Prices, Trends & Forecasts | Provided by Procurement Resource

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In the first half of 2023, the Asia-Pacific region experienced mixed barley price patterns. Unseasonal weather changes in India and Australia disrupted crop cycles, leading to higher prices and reduced exports. In contrast, European markets saw barley prices fluctuate on the lower end due to trade normalization amid the Russia-Ukraine conflict and improved supply chains. In North America, barley prices remained relatively flat but higher than the previous season due to global inflation, weather-related crop losses, and logistical challenges.

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Definition

Barley is a versatile cereal grain widely cultivated for various purposes. It is a member of the grass family and is primarily used as animal feed, human food, and in the brewing of beer. With a rich nutritional profile containing fiber, vitamins, and minerals, barley serves as a valuable ingredient in the food and beverage industry and plays a crucial role in agriculture and livestock farming.

Key Details About the Barley Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the barley in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The barley Price Trends, including India barley price, USA barley price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the Barley Price Trend:

Barley has several industrial applications across various sectors. In the food industry, it is used to produce malt for brewing beer and distilling spirits. Additionally, its grain and flour are employed in baking and food processing. Beyond food, barley straw finds use in animal bedding and environmental applications like erosion control and water purification. The crop’s versatility, nutritional content, and ease of cultivation make it a valuable resource for multiple industries.

Key Players:

  • Crisp Malt
  • Grain Millers, Inc.
  • Fornazor International Inc.
  • Imperial Malts Limited
  • DHN International

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients with up-to-date and pioneering practices in the industry to understand procurement methods, supply chains, and industry trends so that they can build strategies to achieve maximum growth.

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