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Wet, cold weather following drought damaged Canada's malting barley crop, with part of it downgraded to feed. Global barley stockpiles are heading toward a 35-year low after dry conditions also cut crops in Europe and Australia.
Lower malting barley supply and tightening global stocks push barley prices higher, raising feed and malt costs.
supplychainbrain.comBloombergNov 13, 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.
