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AHDB's analysis finds that spring malting barley margins are favourable given the current high wheat prices, though lower pub demand could erode malting premiums. Spring wheat shows the highest gross margin for harvest 2021.
Margin differences between barley and wheat shape UK planting choices, which affect future barley supply and malting premiums.
Not 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.