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Anheuser-Busch is asking its growers to expand barley acreage to offset production declines caused by a late planting season in the eastern US. The brewer is contracting with growers in western states to make up for lost acres.
Expected US barley production shortfalls from late planting tighten domestic malting and feed supplies, supporting barley prices, though the response is limited to contracted acreage.
rrfn.comCarah HartMay 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.
