Loading…
Malting barley premiums of £55-60/t are on offer for this harvest, supported by beer demand as sales recover after Covid. Premiums over feed barley have narrowed from £100/t in April and May because of prospects for a good-quality crop.
Viterra suggests growers should not rush to drill winter wheat, which would leave room for barley buybacks for harvest 2023.
Narrower malting premiums signal better crop quality and easing pressure on the malt-to-feed spread. Feed buyers may find feed barley supply comfortable relative to malting demand.
fwi.co.ukLouise ImpeyAug 13, 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.
