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US demand for malting barley is growing in the East because of new craft brewers and distillers and the local-sourcing trend. Breeding programs at several universities and USDA are developing barley lines resistant to powdery mildew, preharvest sprouting, net blotch and fusarium head blight.
Growing eastern malting demand could eventually reduce US reliance on Canadian malting barley imports and expand domestic acreage. The effect on prices is limited near term because the research is still developing.
farmprogress.comMay 22, 2017Not 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.
