North America: Industry working through serious issues with barley quality
A very difficult situation remains in North America as the industry works through barley quality where high protein is a serious issue, RMI Analytics reported at the end of October.
Two Danish cargoes are rumoured to be destined for import and in addition Australia is being considered as the supply situation is tight.
The severe dry conditions are a concern for next year and moisture replenishment across the main barley growing regions in North America has not yet arrived, so barley area may drop.
Not surprisingly Canadian barley prices are maintaining a level to reflect a likely deficit situation for malting barley.
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