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Barley export premiums for France's summer crop surged last week as traders said exporters covered part of their large advance sales to China made since late 2020. This has pushed feed barley prices unusually far above bread wheat.
Heavy Chinese demand is draining exportable barley supply and lifting feed barley values, which raises feed costs for buyers in Europe and beyond.
reuters.comGus TrompizFeb 3, 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.
