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Scottish spring malting barley is expected to be in demand for 2017 after the 2016 Scottish cereal crop fell by 327,000 tonnes. Malt premiums over feed barley could reach £40 per tonne, up from £28 in 2016, on the back of a whisky market recovery.
A smaller crop and stronger distilling demand support malting barley prices relative to feed barley, which keeps feed barley values from falling as far as they otherwise would.
thescottishfarmer.co.ukAuthor UnknownJan 23, 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.
