Canada, one of the world’s top barley exporters, is importing a rare cargo from Europe after drought decimated its harvest last year.
France’s Rouen port is set to load its first-ever barley cargo for Canada, on the bulk carrier Federal Spey, according to a spokesman for the port operator. The North American nation hasn’t imported significant volumes from the European Union since the 2015-16 season, trade data show.
For barley, the poor harvest has added to a global supply crunch for the grain used in brewing and animal feed, with stockpiles set to reach an almost four-decade low, according to the USDA. Beer makers have also faced rising aluminum costs and labor and transport bottlenecks, spurring price hikes for the beverage.