14 February, 2007

EU: The EU exported 2.35 million tonnes up to Feb. 2, 2007

The EU exported 2.35 million tonnes to-date (intervention sales and booked licences), and has surpassed last year's figure in recent months, because it has taken over a major export program from the defaulting Ukraine. Carryover intervention stocks of barley were 2.35 million tonnes in July of last year and have been reduced to 500.000 tons by now.

Market prices of feed barley, basis July, delivered Rouen, are EUR 143,-/144,- versus the intervention price of EUR 101,31, market analysts posted on February 2nd.

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