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Ukrainian barley bid export prices rose to $243-$249 per tonne CPT Black Sea, an all-time high, according to APK-Inform. Chinese demand is strong, with China importing more than three times as much Ukrainian barley in July-January 2020-21 as in the whole previous season.
Expected Russian export tax changes are also cited as a factor.
Record Black Sea barley export prices reflect tight global feed grain supply and Chinese import demand. Prices for feed barley buyers in importing regions are likely to stay high.
brecorder.comReutersMar 6, 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.
