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The Irish Farmers' Association defended the Boortmalt barley contract and disputed claims by the Irish Grain Growers' Association that the premium is well below €30. The IFA cited a Boortmalt fixed price of €164/t and Glanbia green barley at €128/t for September 2017 delivery.
The dispute concerns the premium over feed-quality grain prices in Ireland, and the quoted prices show the local spread that malting buyers must pay. It does not change world barley supply or demand.
agriland.ieSylvester PhelanMay 10, 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.
