# Barley at £156/t provides good value alternative to wheat - Farmers Weekly

> UK feed barley traded at £156.4/t on 22 November, a £22/t discount to feed wheat at £178.9/t. Barley demand is lacklustre in both domestic and export markets, and the UK has an estimated exportable surplus of 1.5 million tonnes for 2023-24.

- Date: 2023-11-22 · published 2023-11-22T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/33259-barley-at-156-t-provides-good-value-alternative-to-wheat-farmers-weekly
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The wide discount to wheat encourages feed substitution toward barley, but weak export demand and a surplus keep barley prices under pressure.

## Read by commodity

- WHEAT: neutral
- BARLEY: bearish ▼

## Sources

- fwi.co.uk: https://www.fwi.co.uk/business/markets-and-trends/crop-prices/barley-at-156-t-provides-good-value-alternative-to-wheat

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.