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The Irish Grain Growers Group says malting barley needs a price of €210 per tonne to match the profitability of winter wheat. The argument is tied to a Teagasc and Boortmalt joint programme aimed at closing that margin gap.
Growers' price demands influence Irish barley planting decisions and the supply available for malting versus feed. A higher required price points to firmer barley values in the region.
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.