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AHDB's 2024 Cereals Quality Survey found GB barley nitrogen content fell to 1.45%, the lowest spring barley level since records began. Higher moisture and a strong sterling against the euro make British barley less competitive on export markets.
Ex-farm feed barley averaged £148.5/t, down £11/t year on year.
Weaker quality and a stronger pound reduce UK barley export demand, which can soften domestic feed barley prices. Buyers may find more supply available at lower cost.
fwi.co.ukCharlie ReeveNov 13, 2024Not 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.
