EU: Old crop barley is appearing in the market in bits and pieces
Markets have reacted in a small way to the favourable planting season. Old crop barley is appearing in the market in bits and pieces, the total offer is minimal.
French 2rs barley, basis July 2006, FOB Creil, is offered at EUR 215,-/218,-,
Danish 2rs barley, April, FOB seaport is EUR 228,-/230,-,
UK 2rs, same parity, EUR 225,-.
New crop barley traded:
French 2rs Sebastian, July 2007, FOB Creil 179,-,
Danish 2rs, October, Fob seaport EUR 179,-.
As maltsters do not leave their sales uncovered, they also purchase crop 2008 barley for the remainder of the calendar year, i.e. beginning of the new crop year.
French 2rs, basis July 2008, FOB Creil, traded at EUR 170,-/171,-,
Danish 2rs barley, October 2008, FOB seaport, at EUR 175,-.
Torna
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