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Heineken is restructuring parts of its agricultural supply network and increasing commodity hedging after climate-related disruption to European barley harvests raised its input costs. The company is responding to pressure on profitability.
Tighter European barley supplies from weather damage lift feed and malting barley costs, and brewers' hedging activity adds buying interest in the barley market.
Not 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.