# China's new crop barley buying spurs French prices on 1m mt rumours - Fastmarkets

> China has started buying new-crop feed barley at least a month earlier than usual, with around one million tonnes of French or Ukrainian barley reportedly traded for July-August 2021 shipment at about $275-$280/t CFR. French barley values jumped from an €8/t discount to parity with the September Matif wheat contract within days.

- Date: 2020-11-25 · published 2020-11-25T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/50223-china-s-new-crop-barley-buying-spurs-french-prices-on-1m-mt-rumours-fastmarkets
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Early Chinese demand, enabled by lost Australian supply after the trade dispute, pulls European barley exports higher and tightens feed barley availability, supporting firmer European barley and feed grain prices.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-10-31 | [Exclusive: China snaps up Australian, French wheat as crop damage spurs buying spree](https://feedsoft.ai/events/33646-exclusive-china-snaps-up-australian-french-wheat-as-crop-damage-spurs-buying.md) | -1.7% | -1.4% |
| WHEAT | 2020-09-25 | [China Buying Spree Revives Export Profits for Top Crop Traders - Caixin Global](https://feedsoft.ai/events/50989-china-buying-spree-revives-export-profits-for-top-crop-traders-caixin-global.md) | +6.5% | +10.5% |
| WHEAT | 2017-10-10 | [E-Malt.com News article: Russia: Barley and wheat export prices rise amid strong demand from buyers](https://feedsoft.ai/events/68521-e-malt-com-news-article-russia-barley-and-wheat-export-prices-rise-amid-strong.md) | +0.2% | -3.8% |
| WHEAT | 2026-10-29 | [Market Snapshot \| Wheat firms as China inquires about buying U.S. SRW wheat - Pro Farmer](https://feedsoft.ai/events/1998-market-snapshot-wheat-firms-as-china-inquires-about-buying-u-s-srw-wheat-pro.md) | -0.4% | — |
| WHEAT | 2019-03-24 | [Grains trending off lows; China talks dragging on - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/9647-grains-trending-off-lows-china-talks-dragging-on-agweek-1-source-for.md) | +0.9% | -3.3% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/china-s-new-crop-barley-buying-spurs-french-prices-on-1m-mt-rumours/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.