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Irish feed demand is steady as wet weather keeps animals indoors, and barley is gaining demand on price differentials. Irish winter cereal plantings are about 82,000 ha, far below 154,000 ha a year earlier.
Wheat futures rebounded about 10% over three days on tight stocks, pasta demand and a weaker euro.
Sharply reduced Irish winter plantings tighten the local outlook for domestic feed grain supply, and the wheat rebound adds upward pressure on feed prices. A weaker euro also raises the cost of imports into Europe.
ifa.ieMar 20, 2020Not 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.
