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Boortmalt says a new Irish malting barley pricing structure, referenced to the FOB Creil export price instead of MATIF wheat, offers better value to growers. Growers had until 15 March to sign, and talks with the IFA were nearing agreement.
Pricing changes for malting barley affect Irish grower supply decisions, but the feed barley price impact is limited.
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.