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Western Canadian malting barley prices have remained weak over the holidays, with no post-harvest rally despite quality damage from a poor 2016 growing season. Maltsters are buying hand to mouth and rejecting barley, while Australian and Black Sea supplies offer alternatives.
Ample alternative origins and buyer restraint keep malting barley prices subdued, reinforcing a bearish outlook for barley values.
producer.comEd WhiteDec 22, 2016Not 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.
