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UK maltsters have adequate stocks, and spring barley area is up as much as high-teens percent on 2023, though not to record levels. Malting barley premiums are lower while feed base prices are higher.
Crop quality and yield remain the focus.
Higher feed base prices alongside a larger spring area point to firmer feed barley values in the UK, while ample malting stocks keep premiums under pressure.
fwi.co.ukSuzie HorneJun 5, 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.
