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Australian barley prices have risen over the past two months, with Kwinana up 15%, Geelong 10% and Port Kembla 13%. Exporters are sourcing demand from France and others since losing access to China, and Australian barley trades at a substantial discount to French barley and to local wheat.
Export demand is being diverted away from China, so Australian barley is priced at a discount to competing origins, which supports feed buyers sourcing cheaper barley but limits upside to prices.
graincentral.comGuest AuthorAug 27, 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.
