# Brexit holding back farm exports worth millions - Farmers Weekly

> 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.

- Date: 2019-01-24 · published 2019-01-24T12:00:00.000Z
- Category: trade · region UK · magnitude medium
- Page: https://feedsoft.ai/events/61156-brexit-holding-back-farm-exports-worth-millions-farmers-weekly
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

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.

## Read by commodity

- BARLEY: bearish ▼
- CANMEAL: neutral

## Sources

- fwi.co.uk: https://www.fwi.co.uk/business/markets-and-trends/brexit-holding-back-farm-exports-worth-millions

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.