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Malting barley is in short supply worldwide, with bumper crops in Argentina and Australia offsetting only part of a northern hemisphere deficit. Malting barley prices have nearly doubled in a year, reaching far above EUR 600 per tonne ex works, and most brewers have stayed out of the market.
A narrow northern hemisphere cover and high prices keep barley expensive until the 2022 crop arrives. Feed buyers face firm barley values and may substitute other grains.
inside.beerinside GetränkeFeb 2, 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.
