The heat is on
This year’s barley crop has been impacted by unfavorable weather conditions. North America and parts of Eastern Europe have especially suffered from extreme weather such as heat waves, heavy rains, and storms.
Droughts in North America are severely impacting malting barley production. In the US, the total barley production is expected to drop more than 30% compared to last year, while Canadian production is expected to drop by 20%.
Breweries are, therefore, naturally concerned as they expect a reduction in beer throughput and an increase in beer haze and raw material costs and qualities.