04 May, 2005

EU: The EU has issued 500,000 tonnes of export licences mainly for malting barley

The EU has issued 500,000 tonnes of export licences for barley at zero refund, i.e. mainly for malting barley destinations. Apart from the traditional business to South America and South Africa, it is estimated that Russia has purchased 150-200,000 tonnes, and China between 75 and 150,000 tonnes. Estimates vary strongly, a good part of the sales to China has not yet been shipped, neither have export licences been booked.

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