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European malting barley supply is tight, with drought reducing spring malting quality and yields. Expected exports from Europe are around 500,000t versus the usual 1.0 Mt, while UK surplus of about 300,000t falls short of normal demand.
River and logistics problems in Europe further complicate trade.
Shortfalls in European malting barley and transport constraints support barley prices and raise import demand.
brauwelt.comDec 14, 2018Not 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.
