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Demand for malting and feed barley in New South Wales and Queensland is supporting national barley values after a dry 2017 spring. Planting for the 2018 winter crop is approaching, and the IGC reports world barley stocks falling 6% in 2017/18.
Tighter eastern-state barley supplies and shrinking world stocks support barley prices for feed buyers.
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.