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European malting barley premiums have fallen from €56 at the end of last year to about €35, according to Evergrain. Favourable sowing conditions and a mild winter have eased supply concerns, while brewers in North America cut contracted malting barley acreage.
Lower malting premiums signal ample supply and weak brewing demand, pressuring malting barley prices. Feed barley demand remains firmer, narrowing the spread between the two.
inside.beerinside GetränkeFeb 28, 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.
