# Grain Market Update 16th May - Irish Farmers' Association

> Irish domestic grain prices were quiet, with merchants offering green harvest wheat at €151/t and barley at €140/t. Wheat and other grains rose over the fortnight on the US-China trade dispute, with Matif wheat up over 4% and US futures up over 10% for the week. Recent EU rains eased drought concerns.

- Date: 2019-05-16 · published 2019-05-16T12:00:00.000Z
- Category: trade · region EU · magnitude low
- Page: https://feedsoft.ai/events/12127-grain-market-update-16th-may-irish-farmers-association
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Rebounding Euronext and CBOT futures reflect short-covering by traders with large short positions, so weather news could trigger further sharp moves.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-12-03 | [Agri Marketing Update](https://feedsoft.ai/events/11129-agri-marketing-update.md) | +0.9% | +1.8% |
| WHEAT | 2026-04-13 | [Grain shipments ramp up as farmer selling set to slow \| Market Focus \| farmweeknow.com](https://feedsoft.ai/events/16371-grain-shipments-ramp-up-as-farmer-selling-set-to-slow-market-focus-farmweeknow.md) | +3.6% | +0.8% |
| WHEAT | 2023-03-31 | [A nervous grain market awaits - Mecardo](https://feedsoft.ai/events/36897-a-nervous-grain-market-awaits-mecardo.md) | -10.9% | -14.2% |
| WHEAT | 2020-02-20 | [China Back in the Market for U.S. Farm Goods After Waivers \| Financial Post](https://feedsoft.ai/events/54480-china-back-in-the-market-for-u-s-farm-goods-after-waivers-financial-post.md) | -1.5% | -0.4% |
| WHEAT | 2025-10-29 | [UK wheat strengthens to £165/t as US-China talks lift markets - Farmers Weekly](https://feedsoft.ai/events/22459-uk-wheat-strengthens-to-165-t-as-us-china-talks-lift-markets-farmers-weekly.md) | -2.8% | -6.1% |
| CORN | 2018-10-02 | [Farming News - China: Grain and Feed Update](https://feedsoft.ai/events/62620-farming-news-china-grain-and-feed-update.md) | -1.1% | -0.7% |
| CORN | 2018-12-03 | [Agri Marketing Update](https://feedsoft.ai/events/11129-agri-marketing-update.md) | +6.8% | +8.4% |
| CORN | 2026-04-13 | [Grain shipments ramp up as farmer selling set to slow \| Market Focus \| farmweeknow.com](https://feedsoft.ai/events/16371-grain-shipments-ramp-up-as-farmer-selling-set-to-slow-market-focus-farmweeknow.md) | +1.7% | +3.2% |

## Sources

- ifa.ie: https://www.ifa.ie/markets-and-prices/grain-market-update-16th-may/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
