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Feed barley in England averaged £128/t on 11 September, according to a Farmers Weekly merchant survey. Malting barley is scarce because many crops have high nitrogen levels, and feed demand is steady while sterling's fall improves export competitiveness.
Tight malting supply and firm feed demand put a floor under barley prices, and a weaker pound supports export demand for UK grain.
fwi.co.ukAndrew MeredithSep 16, 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.
