Brexit Uncertainty Hits Brewing Barley Sales To EU
Sales of British malting barley to European Union brewers and malt producers for delivery after Brexit have come to a virtual stop because of uncertainty about future trading relations.
The standstill in so-called forward export sales for delivery in coming months means UK farmers are not able to take advantage of current attractive prices and are losing business to other EU suppliers, traders said.
"They have essentially lost market access at this point of time for forward sales which is frustrating because commercially it is the right thing to do, forward prices are high," said Jack Watts, chief combinable crops adviser with the National Farmers Union, which represents farmers in England and Wales.
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