12 April, 2005

Europe: The European feed barley market remains stable, market analysts revealed on April 11. The European Commission issued permits for the export of 134.2KMT of barley from Germany's intervention stocks at a ceiling price of EUR 93.12/MT. Traditionally, licensees for subsidized barley exports from the EC were not issued.

Despite the general bearish trend in grain prices on the Russian domestic market, barley prices remain stable, being supported by vivid export purchases.

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