SUBSCRIBER NOTE: Consultation on methodology for Barley – Final Decision

Following market consultation, Fastmarkets Agriculture will make the following material changes to its methodology for global barley with effect from January 1, 2023:

• To change the timestamp of Barley FOB Russia Feed assessments to 1600 Kyiv time from 1600 London time.
• To change the timestamp of Barley FOB Australia Feed assessments to 1600 Kyiv time from 1800 Singapore time.
• To change the location of Barley FOB Australia Feed to Western Australia (Kwinana, Geraldton, Albany and Esperance).
• Fastmarkets Agriculture consulted with the industry on these changes from November 19 to December 9, 2022. No objections were received.

For more information on this consultation please email pricing.ags@fastmarkets.com. Please add the respective subject heading “Barley 2022.”

You can find the current methodology for Barley here.