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Barley production is sharply lower in the US, Canada and the EU, with Idaho, Montana and North Dakota forecasts down significantly. Canadian feed barley hit record prices, and European malting barley rose above 300 EUR/t from about 200 EUR/t earlier in 2021.
Multi-region production shortfalls and record prices indicate tight barley supplies, which supports feed barley values and raises the cost of brewing and feeding inputs.
brewer-world.comAbhinav ReddyJun 1, 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.
