Mintec proposes to launch Ukrainian Feed Barley Mintec Benchmark Prices

All Market Notes 1 June 2023

Mintec proposes to launch Ukrainian Feed Barley Mintec Benchmark Prices

Mintec is proposing to launch monthly Mintec Benchmark Prices (MBP) for Ukrainian feed barley and is collecting feedback from market participants in the grains markets until Thursday, 15th June 2023. Mintec is proposing to launch this assessment, if supported by the industry, on Friday 30th June, 2023.

The proposed specifications for this assessment would be as below:

The proposed assessment would reflect 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. The proposed assessment would provide an independent FOB Benchmark for industry and provide Mintec subscribers additional granularity and insight into the Ukranian feed grains market. Please send any questions or comments about this market note to Methodology@mintecglobal.com, by Thursday, 15th June 2023 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.