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European spring malting barley harvest has been largely traded, with France and Great Britain offering early at low prices. Qualities are inconsistent, yet the market assumes a surplus, with France estimated at 2.1 million tonnes and Denmark at 890,000 tonnes, while Germany, Poland and the Czech Republic require imports.
A European barley surplus with weak quality in some regions keeps feed and malting barley prices under pressure, while the import needs in Germany and Poland provide some support for cross-border flows.
brauwelt.comDec 19, 2019Not 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.
