Loading…
USDA's June WASDE raised its 2021-22 forecast for China's barley imports to a record 10.6 million tonnes, up from 10 million. It also raised global barley imports to 33.7 million tonnes and EU barley production by 700,000 tonnes to 56 million tonnes.
A record Chinese import forecast tightens global barley export availability and supports prices. The higher EU crop partly offsets this, limiting the upside for feed barley.
ukragroconsult.comJun 11, 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.
