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The article reports that 2017 is expected to bring the lowest US barley production on record. It notes that declining wheat prices had made barley a bright spot, and that past high prices encouraged overproduction.
A record-low US barley crop tightens domestic supply for feed users, supporting barley prices and encouraging substitution toward corn and sorghum.
craftbrewingbusiness.comKeith GribbinsJul 12, 2017Not enough comparable past events yet for a historical read.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.
Not 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.
