BARLEY AND BEER. Barley prices are hitting record highs, and that means the price of beer in Utah is going up.
He raises the grain on his family farm outside Idaho Falls, Idaho. These days, his crop is in demand.Certain beer records are falling, too.
Idaho is the top barley-growing state – responsible for about one-third of U.S. production. Only a special strain, called malt barley, is used in commercial beer.“Since the fourth quarter of last year,” he said, “we’ve seen increases of about anywhere from 25% on just our two-row, our standard based malts, and it can be even higher on some of our specialty malts.”
Another factor in increased barley prices: Ukraine was a big grain-growing country, and the war there has stopped its exports. That’s increased the price of all grains.Some farmers may find it more profitable to plant corn or wheat rather than barley, said Michael McCullough, an agribusiness professor at California Polytechnic State University who studies the economics of beer.
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