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CASTLE MALTING NEWS in partnership with www.e-malt.com Korean
02 March, 2005



News from e-malt

EU: Changes of acreage are minor altogether, although spring barley plantings will or may be lower in France, Germany and the U.K., experts commented. Last year’s yields were much better than the trend line, therefore analysts expect an average barley yield in the EU-25 of 4.4 tonnes/ha instead of last year’s 4.71 t/ha. That would result in a crop that is 5 million tonnes or 8.4 % smaller than in 2004. Planting time and weather till harvest will change such forecast to better or worse. New crop prices seem to take into account a large crop again: French barley, basis July, FOB Creil, Scarlett EUR 115, Prestige EUR 114, Esterel EUR 104. German barley, October, FOB Main EUR 119. Danish barley, October, FOB Seaport, Prestige/Pasadena EUR 128. U.K. barley, October, FOB East Coast, 2rs Optic EUR 122, 2rw Pearl 119.





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