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Black Sea barley prices in August returned to January-February 2021 levels and were unusually high for the month. The rise followed French quality problems, lower Russian barley yields, a sharp cut to Canada's 2021/22 barley export forecast, and active international tenders.
Tighter Black Sea and Canadian barley supply raises export prices and makes barley more expensive relative to corn for feed buyers.
ukragroconsult.comOlena HesovaSep 7, 2021Not 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.
