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UK malting barley prices are expected to stay under pressure this season, with AHDB data showing a 29% drop in demand in June. The UK lockdown cut demand from restaurants and pubs.
Malting barley demand has weakened because of COVID-19 restrictions.
Lower brewing and malting demand weakens UK barley prices, and softer domestic prices can spill over into feed barley. The effect on feed buyers is modest because the decline is concentrated in the malting trade.
farmersguardian.comAlex BlackAug 19, 2020Not 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.
