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Tuesday, August 12, 2008

Lower prices for malted barley in 2009?

According to the Farmers Guardian, Europe —Western, Eastern, and the UK— are having a bumper grain crop this year. But the US and Canada are expecting a relatively poor harvest of malting-grade barley. And so,

After harvest is completed, [Larry Raap, grain merchandiser for Sun Prairie Grain in Minot, N.D.] estimates that malting prices will remain close to their current levels of between $5.60 and $6 per bushel.

It's somewhat of a mixed bushel.

Now ... on to the hop harvest reports.

I was alerted to this story by Alan McLeod at A Good Beer Blog, who yesterday posted a good listing of several stories on the worldwide 2008/9 barley situation.

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