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Demand for food barley has reportedly tripled in the past year as Japanese buyers pearl the grain to blend with rice. Suppliers such as McKay Seeds are expanding grower bases and developing new varieties, with McKay contracting under 20,000 acres in Eastern Washington and Northern Idaho.
This is a niche food-grade segment, so it has little effect on feed barley supply or price, though it may shift some acreage away from feed varieties.
capitalpress.comJohn O’ConnellMar 31, 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.
