# Analyst Insight: A bearish old crop barley outlook | AHDB

> UK feed wheat futures rose to a near two-week high, with the May-20 contract closing at £157.20/t. The discount to Matif milling wheat widened to a contract record before partly recovering. The article says the 2019/20 barley surplus was large, with free stocks of 763Kt still left in February, over 200Kt more than a year earlier.

- Date: 2020-04-23 · published 2020-04-23T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/53706-analyst-insight-a-bearish-old-crop-barley-outlook-ahdb
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Large remaining old-crop barley stocks and slow export pace point to continued pressure on feed barley values, though dry conditions in the Black Sea may limit downside.

## Read by commodity

- BARLEY: bearish ▼

## Sources

- ahdb.org.uk: https://ahdb.org.uk/news/analyst-insight-a-bearish-old-crop-barley-outlook

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