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Rabobank's first barley dashboard for Q1 2025 covers malting and feed barley supply, malt demand from the beer and whiskey industries, the stock-to-use ratio and price development. Barley prices are above 2019/20 levels but below the 2022 peak.
Softer brewing demand and cheaper corn and wheat after a large US harvest are pushing feed barley prices lower.
Cheaper substitute feed grains and soft malt demand weigh on barley values, although a low stock-to-use ratio offers some support at current levels.
rabobank.comFrancois Sonneville Senior AnalystFeb 3, 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.
