Just a comment - I've seen various professional brewers commenting on the size of the price increases for long-term purchases of malt, of the order of 50% - they're complaining that the new prices look like retail prices rather than wholesale! So if you can afford to do so and have the storage space, it's probably no bad thing to stock up as much as you can now, before the new season price rises hit.
If you think about it, malt is a combination of grain and a whole lot of energy (usually gas) - both of which have gone through the roof recently due to world events.