# Grain Market Update 20th March - Irish Farmers' Association

> 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.

- Date: 2020-03-20 · published 2020-03-20T12:00:00.000Z
- Category: market · region Ireland · magnitude low
- Page: https://feedsoft.ai/events/6171-grain-market-update-20th-march-irish-farmers-association
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

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.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲
- EURUSD: bearish ▼

## Sources

- ifa.ie: https://www.ifa.ie/markets-and-prices/grain-market-update-20th-march/

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