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Barley supplies are tight in North Dakota and Minnesota after dry growing conditions, and Anheuser-Busch expects enough barley for brewing in 2022 but plans to rebuild inventory. Grower contracts for next year are being offered and farmers are interested.
Brewers rebuilding inventory and seeking contracts support firm malting barley demand and prices in 2022.
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.