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Boortmalt raised its malting barley price for the current 2018 crop on September 18 and added a €10/t premium for distilling grade barley. It also offered Irish growers a fixed price of €230/t for up to 20% of 2019 malting contracts, with sign-up by September 30.
Higher Irish barley prices reflect poor yields and quality from drought, tightening local feed and malting supply and supporting barley values.
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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.