Farmers Guradian
Topics
Nine ways to keep your farm vehicles safe

Nine ways to keep your farm vehicles safe

Arable Farming Magazine

Arable Farming Magazine

Dairy Farmer Magazine

Dairy Farmer Magazine

British Farming Awards

CropTec

LAMMA 2018

New to Farmers Guardian?
Register Now
Login or Register
New to Farmers Guardian?
Register Now
New to Farmers Guardian?
Register Now

You are viewing your 1 free article

Register now to receive 2 free articles every 7 days
Already a Member?

Login | Join us now

'Brisk start' for UK feed barley exports

Exports in July were the second highest in the past 14 years.



Twitter Facebook
Twitter Facebook
MV Sider Martina C being loaded at Southampton Grain Terminal: Pic from Frontier
MV Sider Martina C being loaded at Southampton Grain Terminal: Pic from Frontier
Share This

'Brisk start' for UK feed barley exports

Feed barley exports have got off to a ‘brisk start’ this season but were expected to slow down over the short-term.

 

UK exports in July totalled 113,000 tonnes, the second highest in the past 14 years, according to figures from AHDB.

 

Good demand from Spain, the weakness of sterling and lack of competition on the market gave exporters a boost, according to Frontier Agriculture grain product manager Jonathan Hoyland.

 

“Spain had quite a drought and our currency was falling which made us competitive into the Spanish market over harvest,” he said.

 

The European Commission forecast Spanish production two million tonnes below the three-year average at 58mt.

 

Competition

 

There has also been less competition from France, which had less feed quality barley and has been concentrating on bigger vessels elsewhere.

 

However, Mr Hoyland believed the pace would now slow.

 

“What has happened is the pound has gone up and there have been quite good maize yields from France,” he said.

 

This meant while the UK wanted a rise in the price in pounds, Spain had not been willing to pay the extra. Barley’s discount to wheat had also narrowed.

 


Read More

Opportunities for UK barley exports open up in Spain Opportunities for UK barley exports open up in Spain
Spring barley area up nine per cent Spring barley area up nine per cent
VIDEO: More than half of barley for Budweiser is now British VIDEO: More than half of barley for Budweiser is now British

Going forward, Mr Hoyland said the market would have to ‘find its feet again’. He added feed barley would also be competing with maize following the start of the European maize harvest.

 

Long way to go

 

AHDB analyst James Webster added there was still a long way to go in the export campaign.

 

“Of course there are a number of factors which will influence the UK’s propensity to export across the season, not least movements in currency and also the availability of the domestic crop,” he added.

Twitter Facebook
Post a Comment
To see comments and join in the conversation please log in.
Facebook
Twitter
RSS
Facebook
Twitter
RSS