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UK malting barley premiums have shrunk to about £15/t over feed barley, versus £60/t in 2023. Farmers Weekly put feed barley at £151/t on May 30, down £20/t year on year, and UK ex-farm malting prices remain below £180/t.
Narrow malting premiums and lower feed barley values signal weak UK barley demand and reduced price support for growers.
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.