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A UK malt merchant's review of the 2022 barley harvest says the war in Ukraine, a mixed European harvest, energy costs and logistics pressures are expected to push malt prices higher in 2023. The article also notes that grain corridor exports are showing early signs of success.
Expected higher energy, freight and insurance costs, plus tighter European barley supply, point to firmer barley and malt prices into 2023.
simpsonsmalt.co.ukSep 20, 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.
