From today's emalt.
World: Experts sure of negative S/D balance, replacements by lower quality barley inevitable
The export surplus of malting barley in 2010/11 will be 1.6 mln tonnes from Australia, small quantities from Mercosur and Canada, a very questionable 1 mln tonnes from the EU, experts said in an industry report at the beginning of November.
Import needs are 1.8 – 2.0 mln tonnes in China, 500,000 tons malting and food barley in other Asia, 300 – 500,000 tons in Russia, 450,000 tons in Colombia, Ecuador, Peru, 100,000 tons in Turkey and the Mediterranean, 50,000 tons in South Africa, it is estimated.
The supply and demand balance is negative and experts forecast replacements by lower quality barley.
World: Experts sure of negative S/D balance, replacements by lower quality barley inevitable
The export surplus of malting barley in 2010/11 will be 1.6 mln tonnes from Australia, small quantities from Mercosur and Canada, a very questionable 1 mln tonnes from the EU, experts said in an industry report at the beginning of November.
Import needs are 1.8 – 2.0 mln tonnes in China, 500,000 tons malting and food barley in other Asia, 300 – 500,000 tons in Russia, 450,000 tons in Colombia, Ecuador, Peru, 100,000 tons in Turkey and the Mediterranean, 50,000 tons in South Africa, it is estimated.
The supply and demand balance is negative and experts forecast replacements by lower quality barley.
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