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UK feed barley spot prices were £152.40/t on 23 August, a £16.80/t discount to feed wheat, narrowing from a £28/t premium a month earlier. Tighter global barley supplies are supporting the market, though new-crop barley struggles to find export bids.
A narrowing barley-wheat discount signals firmer feed barley demand in the UK, while weak new-crop export interest limits upside.
fwi.co.ukCharlie ReeveAug 22, 2023Not 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.
