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Spain's barley output is estimated at 5.6 Mt, the lowest since 2005, after hot and dry weather. Imports could rise more than 50% from 2016/17 levels, creating export openings for UK barley.
A sharp Spanish crop shortfall increases import demand, which supports export prices for UK and other barley suppliers.
farminguk.comFarmingUK TeamAug 13, 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.
