World: Barley production is to increase by 7% in 2006-2007

World barley production is forecast by Agriculture and Agri-Food Canda (AAFC) to increase by 7% to 145 million tonnes (Mt) in 2006-2007, rising for all major exporters except Australia. Total supply is expected to increase only slightly due to lower carry-in stocks.

World barley trade is forecast to increase by 3% to 17.5 Mt in 2006-2007. World carry-out stocks are expected to increase by 4%. As a result, world prices are projected to decrease slightly for feed barley and be similar to 2005-2006 for malting barley.

25 January, 2006