Blog - Cereals

2021 is forecast to see global barley supplies outstripped by demand. This may lead to a sharp rise in grain prices. A substantial proportion of consumption growth is driven by the demand from China for barley-based feed, as China's livestock population continues to recover from the swine fever outbreak. Shortages in supply are expected due to the poor crop yield owing to the adverse weather conditions in Russia, Australia, Turkey and the UK. 

The oat market indicated steady growth in 2020. The production and export of oats increased against heightened demand, not only from livestock farmers and producers of animal feed but also from a nascent trend emerging in the food sector: the use of oats as an ingredient in the manufacture of healthy food products. 

Driven by rising demand from the food industry and favourable weather, global corn production increased significantly in 2020. The rise in prices made the raw corn-based production of bioethanol unprofitable amid the low cost of traditional fuels due to the pandemic, resulting in the closure of some distilleries. In the future, the growing demand for alternative fuels is expected to offset this shift and promote the corn market.

In 2019, the Middle Eastern barley market increased by 8.4% to $5B, rising for the second consecutive year after four...

Global wheat production will reach 758.3 million tonnes in 2020, showing a slight decrease of 0.5 percent over the previous year's highs and still at a fairly high level.

In 2019, the Asian maize market was finally on the rise to reach $204.4B after two years of decline. The total...

The global barley market revenue amounted to $33.7B in 2018, picking up by 3.3% against the previous year. This...

The revenue of the grain market in Africa amounted to $109B in 2018, picking up by 9% against the previous year. This...

The revenue of the millet market in the U.S. amounted to $106M in 2018.