Mintec to launch Ukrainian Feed Barley Mintec Benchmark Prices

All Market Notes 03 April 2023

Following a period of market feedback, Mintec has decided to launch a monthly Mintec Benchmark Price (MBP) for Ukrainian Feed Barley. The assessment will begin publication effective from Friday, 21st April 2023. The initial proposal was communicated in a market note which can be found here.

The full specification for the assessment is as below:

The new assessment will 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. A large share of the barley produced in Ukraine is used as feed in domestic animal husbandry. Therefore, the Ukrainian feed barley assessment would provide 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.