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A Montana malting consultant told the Prairie Grains conference that barley demand has kept shrinking as brewing and malting consolidate. He said the market is being right-sized as 2026 approaches.
Anheuser-Busch's plant sales and brewery divestments were cited as examples.
Lower malting demand weighs on malting barley premiums and contract values, while feed barley remains the outlet for surplus supply. The consolidation is a structural negative for barley demand.
agweek.comAnn BaileyDec 19, 2025Not 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.
