Loading…
Bulgaria's 2016 barley harvest rose about 4% to 727,155 mt, but carry-over stocks were very low at 4,900 mt. Exports through Varna fell 88.3% from 2015, and domestic prices are lower than last year, though recent trade pushed prices to a new high.
Heavy Russian and Ukrainian barley supply is pressuring Black Sea prices, and barley and corn act as feed substitutes, which spreads that pressure into the feed market.
mundus-agri.euJan 16, 2017Not enough comparable past events yet for a historical read.
After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
