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Despite China's blockade on most feed ingredient imports, about 40 million bushels of barley, mostly from Australia, entered China in March. Feed processors are buying barley as a cheaper substitute while corn, DDGS and sorghum imports have been restricted.
Chinese barley demand supports Australian and other barley prices, while the restrictions on sorghum and DDGS reduce demand for those feed ingredients.
farmprogress.comApr 24, 2018Not 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.
