# Daily market wire 20 February 2018 - Grain Central

> Matif wheat closed €1.25 higher at €162.75 after a sharp rise in Russian FOB prices tied to port weather and logistics problems. The Saudi feed barley tender bought 960,000t at US$238.50 to $251.84/t, about $28/t above the previous tender.

- Date: 2018-02-19 · published 2018-02-19T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/12884-daily-market-wire-20-february-2018-grain-central
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Russian port disruption and a firm barley tender tighten the global feed balance, supporting wheat and barley prices until new-crop supplies arrive.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲
- KWHEAT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| BARLEY | 2018-02-19 | 1 | +4.5% | 2.5 | The Saudi feed barley tender result (about 960,000t at prices roughly $28/t above the previous tender) was reported on 2018-02-19, which signals strong import demand and higher price levels, and Matif wheat and Russian FOB prices also firmed, so this plausibly contributed to the barley rally. |

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-20-february-2018/
- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-22-february-2018/

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