Loading…
UK ex-farm feed barley was £149/t, a £31.50 discount to feed wheat, the widest gap in two years. Reduced malting demand and better-quality spring barley supply pushed barley lower, while feed wheat remained relatively stable.
The wide wheat-barley spread makes barley a cheaper feed substitute, likely boosting barley usage in UK rations and pressuring barley prices.
fwi.co.ukCharlie ReeveOct 23, 2024Not enough comparable past events yet for a historical read.
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.
