Plentiful barley supplies may pressure prices

Canadian barley supplies are likely to be burdensome in 2024-25, according to a market outlook published by the Saskatchewan Barley Development Commission.Supplies are forecast to be in the range of 10.7 to 11.7 million tonnes.“This is well above the 2023-24 supplies at 9.65 million tonnes and the five-year average of 10.3 million,” stated the report authored by LeftField Commodity Research.That forecast is based on an acreage estimate that is lower than Statistics Canada’s 7.1