20 June, 2007

World: Barley crop prospects are fair to good

The USA expect to harvest a large crop of good quality, weather conditions have favoured the country this year. In Canada planting is still not finished, market analysts commented June 4th.

The IGC had taken back its crop estimate from 13 to 12 Mill. tons, but now farmers may switch intended wheat acreage to the shorter cycle barley and the barley crop may still be quite large. Late seeded barley will not qualify for malting, but nevertheless malting barley supplies are expected to be plentiful.

The problem No. 1 remains the Canadian Wheat Board and the future marketing of barley. At present the CWB cannot execute old crop and new crop barley sales, which puts maltsters into serious difficulties.

In Australia barley planting advances well in the South and East, slower in the West. Rainfalls are called good on the Eastern side of the country, but the West still needs better precipitation.

Înapoi

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