
Feed barley prices in Western Europe and the Baltic have risen to roughly equal wheat, at USD 221 to 226 per tonne FOB for December loading. Black Sea barley is higher at USD 227 to 229.
Limited farm stocks, recent purchases by Algeria, Tunisia and Turkey, and a Jordan tender that received no offers are keeping the market firm.
Thin availability and firm export premiums mean feed buyers face higher barley costs, and some sellers expect a further gain of about USD 10 per tonne by January.
Not enough comparable past events yet for a historical read.
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.
EU and Black Sea barley were firm and at parity with wheat on limited farm stocks and North African/Turkish buying, setting up the tight demand-driven backdrop for the rally.