Busy Week For Barley Intervention
It was a busy week for traders offering barley into the UK intervention scheme last week, certainly the most active week since the programme opened at the beginning of November.
The RPA report that 40,000 MT was offered last week, well up on 6,000 MT from the week before, as growers and dealers sought to take advantage of the January price which was fixed on the pound/euro rate of around 1.12 at the start of the year.
With 1,680 MT of original offers rejected to date, cumulative net barley offers now stand at just over 62,000 MT.
The RPA report that 40,000 MT was offered last week, well up on 6,000 MT from the week before, as growers and dealers sought to take advantage of the January price which was fixed on the pound/euro rate of around 1.12 at the start of the year.
With 1,680 MT of original offers rejected to date, cumulative net barley offers now stand at just over 62,000 MT.