[In the September 2011 issue of BYO, we published a story on new malts. As part of that story (on page 39), I wrote a sidebar on barley farming and malt prices. This is an extended version of that sidebar. ]
If you’ve only noticed one thing about malt in the past few years, the thing you’ve likely noticed is that it is a lot more expensive than it used to be. To find out the the reason for this, plus ask for an outlook on malting for the near future, I talked to Dave Kuske, Director of Malting Operations at Briess Malt and Ingredients.
Kuske explained that barley prices were very volatile right now as a number of factors were contributing to a steady drop in worldwide barley production. But, it wasn’t always that way.
The Good Old Days...