Loading…
UK feed barley is trading at a £20.51/t discount to feed wheat, with spot feed barley averaging £167.60/t. Curtailed animal feed demand and weak export interest are weighing on barley, and AHDB forecasts feed demand 4% lower this crop year.
Weaker feed demand and larger expected end-of-season stocks point to continued bearish pressure on UK barley, while the wide discount to wheat may encourage substitution into barley.
fwi.co.ukCharlie ReeveApr 5, 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.
