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The UK's barley crop is the smallest since 2011, and global grain supplies are rising. Feed barley is currently priced competitively against other feed grains.
A much smaller UK barley crop could tighten domestic feed barley supplies and make it less competitive in rations if prices rise.
Not enough comparable past events yet for a historical read.
After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.