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The JRC MARS June bulletin cut EU spring barley yield forecast 4% to 11% below the five-year average, while other crops stayed near average. Drought in northern Europe and excess rain in parts of Italy and Hungary were cited.
A sharp spring barley yield cut tightens barley supply, supporting feed barley prices in the EU and beyond.
joint-research-centre.ec.europa.euJun 19, 2023Not 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.
