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Barley prices have risen sharply after a summer heatwave damaged harvests across Europe. Berenberg analyst Javier Gonzalez Lastra said barley is about 20% of brewers' cost of goods sold.
Heat-damaged European barley harvests lift barley prices, which raises feed and malting costs and supports the barley complex.
theguardian.comZoe WoodSep 11, 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.
