The article provides an overview of the pricing for baking wheat and malting barley in the base pool for the period between May before harvest to May the following spring. It notes a steady upward trend in prices from the presale period, with baking wheat pool result reaching EUR 340.50 per tonne and the base pool quote at EUR 264 per tonne. The rise in prices is attributed to factors such as increased awareness of a tight balance sheet, strong demand for raw materials from countries like China, and the impact of the Ukraine conflict on global grain export volumes.
Malting barley's pool price for the 2021 season started at EUR 279 per tonne, with a brewing premium of EUR 32.50 per tonne, which increased due to lower beer consumption during the coronavirus crisis and a scarcity of high-quality malting barley in Northwestern Europe. The final pool price for malting barley growers who stored in the long storage pool was EUR 355.50 per tonne, and Agrifirm members received an additional benefit of EUR 3.50 per tonne over the stated pool price for the 2021 harvest.