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UK malting barley producers are benefiting from strong domestic and continental demand and a malting premium above five-year highs, as the UK plans to export up to 250,000t in 2018-19. Exports are being booked for shipment before end-March 2019 due to Brexit uncertainty.
Tight global barley supply and a large malting premium support UK barley prices, while Brexit risk could disrupt trade flows after March 2019.
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.