With all of commodities going up (Thank you Ben Bernake
) I've been expecting to see grain prices going up. I recently came across this article: http://www.beer-universe.com/beer-education-article/2011-03-08/Brewers-Must-Capitalize-on-Barley-Prices-Now/. Seems the latest barley crop was affected by poor weather and is expected to be much smaller than normal. I also read another aticle recently, which I can't find the link to, that stated that many grain farmers are opting to switch to corn from other grains due to the demand/price from ethanol production. Barley planting, according to the article, may be cut by up to 30% this year.
It seems Golden Promise might actually become "golden" thanks to a covergence of circumstances :
. I'm stocking up on base malt for the beer styles I like most by buying in bulk bags. I'll only be buying the specialty grains as needed going forward.
It seems Golden Promise might actually become "golden" thanks to a covergence of circumstances :