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Malted barley prices in Europe are up about 70% on average from 2021 and remain near EUR70/t, though off their peaks. Analysts expect brewers in China to source more barley from Canada in 2023 because of the Australia tariff dispute.
Elevated European malt barley prices and shifting Chinese sourcing toward Canada point to firm malting barley demand outside Europe, with feed barley trading lower with wheat.
ukragroconsult.comDec 16, 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.
