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Malting barley premiums over feed rose after a wet Australian growing season in the south-east, as maltsters and brewers look at Australian supply following tariff thawing between Australia and China. Presenters at an AEGIC webinar cited better quality and diplomatic progress.
A widening malt premium signals stronger malting demand, and a possible return of Chinese buying would support Australian barley values, though feed barley is less affected.
graincentral.comLiz WellsDec 5, 2022Not 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.
