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Feed barley prices in Ukraine fell by UAH 100-300/t as of May 18 under weak export demand and falling corn and wheat prices. Ukraine's barley output is forecast at 5-6 million tonnes, 40-50% lower than last year, due to reduced area and fertilizer shortages.
A sharp expected drop in Ukrainian barley output tightens global barley availability, which supports world barley prices over the medium term despite the current domestic softness.
ukragroconsult.comMay 19, 2022Not 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.
