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UK feed barley ex-farm values were in the mid-£120s/t in mid-January 2018, with the feed barley-wheat spread narrowing to an 18-month low. Export interest is growing and exports look set to beat the three-year average.
Rising export demand and a narrowing discount to wheat support UK barley prices and reduce the feed value advantage for compounders.
fwi.co.ukSuzie HorneJan 18, 2018Not enough comparable past events yet for a historical read.
After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), and +0.5% over 20.
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.
