EU: Barley campaign 2007/2008 could be more exciting and more painful than last year

The early draught of 2007 presents us with new problems and “promises” a barley campaign 2007/08, which could be more exciting and more painful than last year.

At the end of last week barley markets of crop 2007 exploded. A comparison looks as follows (in
EUR per ton)

French 2row spring barley, July, FOB Creil 175 – 177 (April 18) 210 (April 27)
French 2row spring barley, July, FOB Moselle 186 – 188 (April 18) 225 (April 27)
French 6row winter barley, July, FOB Moselle 162 (April 18) 190 (April 27)
Danish 2row spring barley, Oct, FOB Seaport 183 (April 18) 210 (April 27)

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