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Western Canadian and US Midwest drought cut barley yields, with Prince Edward Island malt producers reporting a hot, dry spring nearly halved yields. Brewers are scrambling for malting barley supply, and Island malters have little room to expand.
Poor barley crops in North America tighten malting and feed barley supply, supporting prices as buyers compete for limited origins.
cbc.caKevin YarrJan 4, 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.
