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UK feed barley export prices firmed to £176.50/t for March loading, up £2 on the week, while new-crop UK wheat futures held steady. Chinese purchases and disease-hit pig herd rebuilding were cited as supports, alongside a USDA private sale of 2.108Mt of US corn to China.
Continued Chinese buying supports global barley and feed grain prices, tightening availability for European feed users.
ahdb.org.ukFeb 3, 2021Not enough comparable past events yet for a historical read.
After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% 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.
