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UK malting and milling premiums rose in early August as crop quality concerns mounted after drought and rain. Spring barley export premiums were £20-£25/t higher than two weeks earlier, and maltsters have run stocks to almost zero.
Early spring barley samples are variable.
Quality concerns and low maltster stocks lift barley premiums, but the rise applies mainly to malting grades and feed barley remains a cheaper alternative.
fwi.co.ukSuzie HorneAug 5, 2021Not enough comparable past events yet for a historical read.
After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.
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.
