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Bulgarian barley exports for the 2016-17 season reached 373,796 mt, the lowest in three years, with carry-over stocks expected to build before the new harvest. Domestic output was 697,787 mt and the season ends June 2.
Weak export demand and higher stocks in Bulgaria point to ample regional barley supply, which is bearish for local and nearby feed barley prices.
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.