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Barley prices have risen strongly across most world markets except Australia, where prices are down more than 10% this year. French farmers are shipping high barley volumes to meet Chinese demand after China's tariff on Australian barley.
Chinese tariffs on Australian barley redirect trade flows toward European and Black Sea origins, supporting global barley prices while Australian prices fall.
reuters.comJonathan BarrettNov 17, 2020Not 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.
