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Barley Prices To Be Impacted Due To Ukraine conflict
The ongoing conflict in Ukraine could lead to surging barley prices, according to a United Breweries spokesperson speaking to industry news outlet, BusinessLine. Increases could add to already sky-high inflation resulting from the COVID-19 pandemic, government borrowing and supply chain disruption. Prices of beer and international whiskeys are, therefore, likely to rise further.Ukraine accounts for roughly 20 percent of the world’s barley production, with much of its output being used to produce
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2022 Mar 26th