# Barley benefits from rising grain market - Farmers Weekly

> New-crop barley values rose up to £13/t in the week to 21 July 2021 as harvest began and some export business was done. London November wheat futures jumped £16/t over seven trading days. Drought in parts of the US and Canada, flood damage in Germany, Belgium and the Netherlands, and Russian harvest cuts supported the rally.

- Date: 2021-07-22 · published 2021-07-22T12:00:00.000Z
- Category: weather · region UK · magnitude medium
- Page: https://feedsoft.ai/events/12493-barley-benefits-from-rising-grain-market-farmers-weekly
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower-than-expected crop prospects in major exporters and tight stocks lift feed grain costs for UK buyers, and the feed barley-wheat spread is narrowing as supply tightens.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| BARLEY | 2021-07-26 | 1 | +6.9% | 2.9 | New-crop barley and wheat futures rallied on North American drought, European flooding and Russian crop cuts, a broad supply-driven grain rally just before the move. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-04-19 | [Grain trade turns nervous on weather market - Farmers Weekly](https://feedsoft.ai/events/71556-grain-trade-turns-nervous-on-weather-market-farmers-weekly.md) | +1.2% | -0.1% |
| WHEAT | 2018-12-18 | [Weekly Market Report - Grain Brokers Australia](https://feedsoft.ai/events/61642-weekly-market-report-grain-brokers-australia.md) | -1.8% | -2.2% |
| WHEAT | 2019-11-13 | [Drilling delays push up grain prices - Farmers Weekly](https://feedsoft.ai/events/55998-drilling-delays-push-up-grain-prices-farmers-weekly.md) | +3.2% | +0.0% |
| WHEAT | 2018-08-16 | [Demand will keep barley prices firm - Farmers Weekly](https://feedsoft.ai/events/63581-demand-will-keep-barley-prices-firm-farmers-weekly.md) | -0.2% | +6.2% |
| WHEAT | 2020-07-20 | [Grain Market Update 21st July - Irish Farmers' Association](https://feedsoft.ai/events/6207-grain-market-update-21st-july-irish-farmers-association.md) | +0.7% | -1.8% |

## Sources

- fwi.co.uk: https://www.fwi.co.uk/business/markets-and-trends/crop-prices/barley-benefits-from-rising-grain-market

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