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A Scottish farm consultant warned that malting barley supply could tighten in 2023 if farmers cut spring barley area by 11,000 hectares as intended. Malting capacity has risen by 150,000 tonnes, and he also flagged possible demand weakness for whisky from the economic downturn.
A smaller spring barley area could force more imports and support UK malting barley premiums, while feed-grade barley would see less competition for supply.
thecourier.co.ukNancy NicolsonJan 13, 2023Not 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.
