EU: Price levels of malting barley and malt of crop 2007
After the first buying wave of new crop malting barley in November/December of 2006 markets were inactive and weaker during a few weeks of the Christmas/New Year period. Meantime activities in the malt market picked up again, and most maltsters covered their malt sales back to back in malting barley. Barley markets reacted promptly, price levels are back to the highs of December, and it is difficult to find enough offers in the market.