Global 2024/25 barley production was cut by 2.9 MMT to 145.1 MMT, with reductions for the EU (-1 MMT to 52.8 MMT), Canada (-1 MMT to 8.6 MMT), and russia (-0.8 MMT to 18.2 MMT).

Lower harvests resulted in downward revision of barley 2024/25 export prospect for russia (-0.8 MMT to 4 MMT), the EU (-0.3 MMT to 7 MMT), and Canada (-0.1 MMT to 2.3 MMT). The total global export is seen at 27.2 MMT, down 1.2 MMT m/m.

For importers, demand was cut for Turkey (-0.7 MMT to 0.4 MMT, on increase of carry-in stocks by 1.3 MMT), and Iran (-0.2 MMT to 2.1 MMT).