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Irish grain market commentary says barley is losing price parity with wheat as demand weakens and imported maize displaces feed grains. Spot barley is reported around €208-210/t versus native spot wheat at €216-218/t.
Wheat's premium over new-crop reflects feed wheat scarcity.
Weak barley demand and cheap imported maize point to downward pressure on barley and feed wheat prices, favouring maize-based rations for European feed buyers.
farmersjournal.ieAndy DoyleJan 30, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
