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UK wheat contracts rose during the week, with May-21 closing at £192.30/t. UK barley is at a discount to feed wheat as the large 8Mt+ crop and missed malting targets push more grain into feed markets.
A large UK crop and strong export competition cap domestic barley values, so feed barley faces an uphill climb to gain price despite firm global markets.
ahdb.org.ukNov 19, 2020Not enough comparable past events yet for a historical read.
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.
