# Growing malting barley not a barrel of fun for some farmers in 2024 - Agweek | #1 source for agriculture news, farming, markets

> US beer sales fell in 2023, and combined with a large barley supply in storage, malting barley demand has weakened. Anheuser-Busch has revised its 2024 contract terms three times, changing storage requirements from 12-15 months to about eight months after harvest. Some maltsters and brewers are contracting fewer acres for 2024.

- Date: 2024-01-22 · published 2024-01-22T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/32198-growing-malting-barley-not-a-barrel-of-fun-for-some-farmers-in-2024-agweek-1
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Reduced malting contracting cuts demand for US barley and leaves surplus supply to feed channels, which pressures barley prices.

## Read by commodity

- BARLEY: bearish ▼

## Sources

- agweek.com: https://www.agweek.com/crops/cereal-grains/growing-malting-barley-not-a-barrel-of-fun-for-some-farmers-in-2024

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.