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UK farmers are losing export sales of malting barley because buyers avoid contracts beyond the 29 March Brexit date due to possible tariffs. Malting barley prices have dropped £3-10/t in recent days.
Oilseed rape is largely unaffected by the tariff risk.
Lost export demand for UK barley adds pressure to domestic barley prices and shifts trade to Danish and French supply, weighing on feed and malting barley values.
fwi.co.ukSuzie HorneJan 24, 2019Not 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.
