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Barley crops in the northern US plains are off to a strong start after recent rains, with Montana reporting 83 percent of its barley in good or excellent condition as of June 10. Farmers are worried about low barley prices and the possibility of losing sales to Mexican brewers because of NAFTA disruptions.
Good yields point to ample supply, which keeps barley prices soft, while threatened Mexican export demand adds downside risk for feed and malt barley.
agweek.comJonathan Knutson, Agweek Staff WriterJun 18, 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.
