We tend to talk about the front line (grain/livestock producers) in terms of hurt but I don't think we should underestimate the damage to agri-business/processors/grain handling system. Some this damage will be long term with some not surviving.
Some of the domestic industry (maltsters and canola crushers) have big companies behind them but there are limits to how much they are prepared to lose. The point about the malting industry is very well taken. Between poor price signals (malt barley initial payments ($/bu) need to have a 4 in front of them) and high protein (many of the brewers in export markets cannot handle high protein malt - period), they are in mega trouble.
Some of the domestic industry (maltsters and canola crushers) have big companies behind them but there are limits to how much they are prepared to lose. The point about the malting industry is very well taken. Between poor price signals (malt barley initial payments ($/bu) need to have a 4 in front of them) and high protein (many of the brewers in export markets cannot handle high protein malt - period), they are in mega trouble.
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