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Norfolk spring malting barley growers are earning about £10/t more than brewing growers by supplying Scotch whisky distillers. Concerto distilling barley trades at £152/t for March delivery, versus about £140/t for brewing varieties and £115/t for feed barley.
Distilling demand from Asian Scotch exports supports a premium for malting barley, but the feed barley price gap remains wide. The story points to firm premium demand rather than a broad price move.
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.