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Agricultural Marketing Resource Center

Barley


Overview

U.S. producers harvested 2.2 million acres of barley in 2011 with an average yield of 69.6 bushels/acre. Total production was 155.8 million bushels, which was the smallest annual production level since 1936 and approximately one-half of the 2000 production level. Much of this decline can be attributed to increases in corn production in northern climates that have historically produced barley. The advent of shorter-season corn varieties, coupled with record corn prices, has caused production substitutions away from barley towards corn.

Barley prices in 2011 averaged $4.58/bushel, which resulted in a crop value of $745.1 million. Between 1990 and 2011, the simple correlation coefficient between monthly corn and barley prices was 0.90.  April 2012 ...  Barley

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Links checked November 2013.

 

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