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Malting barley premiums in Western Canada were unusually small in 2025-26. Analysts cite last year's large crop, lower beer consumption and the spread of GLP-1 weight-loss drugs, which have narrowed the gap between malt and feed barley prices.
Weak malt demand keeps the premium over feed barley narrow, which reduces the incentive to grow malting varieties. Structural demand loss from lower alcohol consumption is a bearish longer-term factor.
producer.comSean PrattJun 11, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
