World prices for malting barley continue to rise

World prices for malting barley are gradually rising and have already surpassed previous records, experts from RMI Analytics said in a report published at the end of September. Canadian barley is now significantly more expensive than barley from other countries, as the volume of the damaged crop has not yet been fully estimated. The country will likely have to import malting barley. In other countries, barley prices are either consistently high or continue to rise, says E-malt. The premium for brewing quality is also increasing, while the prices for feed barley have dropped somewhat. Market activity eased as some buyers, notably China, reduced purchases due to high prices. The main suppliers for China are now France and Argentina, while Australia is receiving more and more inquiries from buyers looking for high quality and reasonable prices. In Europe, the harvest in 2022 is in great demand, the prices for which are lower than for the harvest in 2021. Analysts warn that against ...