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Feed barley prices in Australia recovered by up to $30/t after dipping to as low as $280/t at Port Adelaide following China's anti-dumping action against Australian barley. Kwinana feed barley bids rose to $315.60, and the analyst said the market had returned to pre-China-news levels.
The rebound suggests the China probe's panic has faded, though feed barley remains exposed to any future Chinese duties on Australian exports and to farmer selling.
farmonline.com.auGregor HeardNov 27, 2018Not 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.
