What it is
A cereal grown in cooler, drier climates. Most of it feeds animals; the better grades are malted for beer and whisky.
How it is usually quoted
The local currency per tonne, for example euros in Europe and Australian dollars in Australia.
This is the customary unit of the reference market. Other markets for the same commodity may use another unit or currency, and an exchange can change a contract’s terms: its own rulebook is the authority.
Where the reference contract trades
Mainly a physical market between farmers, merchants, maltsters and feed makers; feed barley futures are listed on ASX in Australia.
Named for orientation only. Naming an exchange or a market here does not mean that GIO4X gives access to it.
What commonly moves it
- Weather in the growing regions
- The price of the feed grains it competes with, chiefly maize and wheat
- Demand from brewers and maltsters for the higher grades
- Tariffs and export rules of the main trading countries
These are the things people who follow this market usually watch. They explain how the market works; they do not say what the price will do next.
Where it comes from
The European Union, Russia, Australia, Canada, Ukraine and Turkey are the main growers.
The order of producers changes from year to year, so no quantities or shares are given here.
At GIO4X
Barley is not offered as a GIO4X instrument. This page is general education about a market that exists elsewhere, and nothing on it means that GIO4X quotes, trades or gives access to it.
The commodities GIO4X does list are Brent crude, gold, natural gas, palladium, platinum, silver and WTI crude.
Words worth knowing
A reference page. Educational information, not investment advice or a recommendation to trade. It gives no price and no forecast.