EU: French and English farmers found the barley prices attractive to plant more spring malting barley this year
French malting barley, basis July 2007, 2rs Prestige/Sebastian, FOB Creil EUR 175,-, FOB Moselle EUR 187,-. 6rw Esterel FOB Creil EUR 150,-, FOB Moselle 160,-. Danish optional 2rs, basis October 2007, FOB seaport EUR 178,-. English 2rs Optic/Tipple, basis October 2007, FOB East/South coast EUR 177,-. German 2rs, delivered maltings, ex harvest EUR 189,-, basis October 2007 EUR 193,-.
All prices of spring barley result in ex-farm prices from EUR 160,- to 170,-. French and English farmers found these levels attractive enough to plant more spring malting barley this year, for Denmark the better markets came too late to prevent massive plantings of winter grains and rapeseed, German farmers seem unconvinced. Bio-gas and bio-diesel industries operate larger capacities in Germany than in the other EU countries.
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