EU: It is very wet in Western Europe but there still is time until barley sowing
It is still very wet in Western Europe and the fields are quite under water. Of course there is still plenty of time for spring sowings, but for the moment it is just not possible, GrainCom analysts said in their last newsletter on February 2.
In France planting delays are likely. Farmers will not be much interested to sell their spring crops before plantings. There was some buying activity left and right in the last days. Potentially it might be difficult to get support from first hand sellers for the next round of buying, the analysts said.
EU feed barley prices are well supported in France and Germany due to ongoing buying interest and thin supply on the offer side. Although prices have slightly eased following the decrease in Euronext wheat, the premiums for feed barley remain strong.
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