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Feed barley purchase prices in Ukraine rose by $3-5 per tonne during the week to $162-165 per tonne CPT. Saudi Arabia bought barley at $200-211 per tonne delivered, equal to roughly $170-175 FOB Black Sea.
Strong export demand amid lower Ukrainian barley output is driving the increase.
Reduced Ukrainian and world barley supply plus active import demand supports Black Sea feed barley prices. Buyers should expect firm offers for near-term barley cargoes.
graintrade.com.uaSep 19, 2017Not 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.
