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Boortmalt is limiting intake to 30% of contracted tonnage below 9.3% protein, leaving many Irish growers to find other buyers for up to 70% of their barley. Harvest has been intermittent, and yields and quality are generally good.
Higher winter barley area and strong yields mean merchants can barely handle regular supply.
Excess barley supply and weak protein levels reduce demand for malting-quality grain and push more barley into the feed channel, pressuring prices.
farmersjournal.ieAndy DoyleAug 21, 2019Not 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.
