Following a period of market feedback, Mintec has launched monthly Mintec Benchmark Prices (MBP) for Ukrainian Feed Barley, effective from Friday, 21st April 2023.
The initial proposal to launch this assessment was announced in a market note published on 17th March 2023 which can be found here. The decision to go ahead with the launch was communicated in a market note on 3rd April 2023, which can be found here.
The full specification for the assessment is as below:
The assessment reflects the transactable value at 16:00:00 London time.
Ukraine is a key producer and exporter of barley, accounting for 13% of the world barley market. A large share of the barley produced in Ukraine is used as feed in domestic animal husbandry. Therefore, the Ukrainian feed barley assessment provides an independent reference point for the industry. Please send any questions or comments about this market note to Methodology@mintecglobal.com, and clearly state which market note your comments relate to, and if comments are intended for publication by Mintec.
Mintec will acknowledge receipt of all comments by email.
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