The barley area has again exceeded all expectation on the east coast as well as Western Australia.
We've had supply chains completely turned on their head on the east coast, and grain pricing and flowing in volumes we've rarely, if ever, seen before.
The warmth has taken heat out of the US corn market and with it, the heat that translated to higher wheat prices in June.
With no fresh news on China's appetite, barley exports remain out of the question for the time being.
Moscow's leading agricultural consultancies, SovEcon and IKAR downgraded its production and export estimates last week.
Wheat futures were catapulted last week after the US Department of Agriculture (USDA) surprised the market when releasing its production and end stocks numbers
With African Swine Fever (ASF) reducing the pig population, feed grain demand in the country has fallen.