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UK growers who are weighing a switch from winter to spring crops after a wet autumn are urged to secure contracts quickly. Spring wheat is sold out, spring malting barley premiums are expected to fall because of higher volumes, and spring naked oats offer contract premiums.
Wet-weather cuts to UK winter plantings reduce expected supply, which supports feed-wheat prices, while expected spring-barley volumes weigh on barley premiums.
e-malt.comNov 14, 2019After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.
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.
