APK-Inform reports that indicative new-crop barley export prices in Ukraine rose last week, with feed barley offers up about $5/t to $375-405/t FOB Black Sea for July-August. The firm sees 2022 barley output at 4.6 million tonnes, down 51% year on year, due to reduced planted and harvested area from the war.
Carry-in stocks of only 1.26 million tonnes point to a sharp drop in 2022/23 export potential.
Sharply lower Ukrainian barley exports for 2022/23 tighten global feed barley supply and support forward Black Sea prices.
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.