EU: Barley ending stocks forecast at only 6.1 mln tonnes
EU barley ending stock forecast at 6.1 mln tonnes in 2021/22 illustrates the precarious situation in the region as export shipment pace remains strong on the back of strong export activity, RMI Analytics said in their late January report.
Argentina barley cargo imported into Europe is re-balancing tight stocks – an indication of tightness in Europe.
The winter barley crop development continues to progress well, but some colder temperatures are appearing.
High input costs are a growing concern for 2022 plantings, with farmers facing important crop decisions in spring.
Malting barley prices in France have weakened since the last report in early January with most of action in crop 2021 as selling has returned, while crop 2022 prices are still well-supported. UK and Scandinavian prices are following French values downward to a lesser degree. Feed barley prices are up as demand has cleared out stocks.
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