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Bulgarian barley sowing fell 25.8% to 102,620 ha as farmers switched to rapeseed, which trades at EUR 0.358/kg versus barley at EUR 0.128/kg, 10% below November 2015. Growers are expected to keep shifting acreage away from barley.
Lower Bulgarian barley acreage tightens regional supply, though the shift is small relative to global barley trade.
mundus-agri.euNov 15, 2016Not 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.
