There is still a shortage of malting barley in the world

The crop surplus in Argentina and Australia does not make up for the shortage of barley in North America, Mexico and Europe. In North America, China and Europe, lower quality two-row and six-row malting barley can fill the gap in high quality two-row malting barley. Due to the increase in prices for raw materials and the New Year holidays, most brewers refused to purchase barley. The price of malting barley has almost doubled in just one year and has caused serious damage to breweries and malt houses that producers could not cover in 2021. There were also problems for especially cautious brewers who purchased less raw materials and then faced an unforeseen increase in sales. Some malt suppliers, particularly those with previous financial problems, are reported to have speculated on prices but were caught red-handed. The bulk of the 2021 crop is already sold out. Deliveries of malt made from new crop barley are expected early this year. For example, by October, most of the malt ...