
EU barley exports could reach a 10-year high this season as strong feed demand from the Middle East and China and reduced Black Sea competition help shift a large harvest. The European Commission raised its 2025/26 EU barley export forecast by 9% to 11 million tonnes.
Firm export demand and tighter Black Sea supply support EU feed barley prices, which now trade above milling wheat, easing a global grain glut.
Not enough comparable past events yet for a historical read.
After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), and +0.5% 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.