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Scottish malting barley faced high screenings and nitrogen problems last year, with growers reporting a £70/t loss on failed grain. Baird's is closing its Pencaitland Maltings early next year, and Diageo has halted Roseisle Maltings until at least June 2026.
Barley use fell 18% in a year to 115,000 t.
Falling malting demand and surplus feed barley weigh on UK barley values. Consolidation in the malting and distilling sector reduces contract opportunities for growers.
Not 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.