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South Africa's barley industry recorded a production deficit despite government projections of a 16.2 percent increase in planted area. Unpredictable weather in key growing areas caused record yield reductions, and farmers are concerned about AB InBev's proposed review of the barley pricing structure tied to wheat futures.
Lower South African barley output and pricing disputes could increase import needs and support barley prices in the region, though the impact on global feed markets is limited.
millingandgrain.comDynamicOct 17, 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.
