Two articles in today's e-malt.
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World: US may be the last hope of easing tightness in malting barley market - sources
The US may be the last hope of easing, for now, the tightness in the malting barley market which has buoyed prospects for prices even beyond those of wheat over the last month, taking them in the UK to record highs, Agrimoney.com reported on May, 27.
Famers in the US may be tempted by the sowing delays, from wet, which have sent spring wheat prices soaring to a three-year high to opt instead for barley, a shorter-season crop which can be planted later, the Canadian Wheat Board said.
For America's growers to plant more than the expected 2.95m acres of barley, including winter crop, the second lowest area on record, would represent a rare fillip for a malting barley market tightened by poor quality Australian and Canadian crops in 2010, and by prospects for a weak European harvest this year.
"The crop that will feel the most impact of the European drought is spring barley, which is mostly grown for malt," the board said.
"The European drought situation is having a sizable impact on world barley markets.
"Given that global supplies of high-quality malting barley are tight, any damage to malting quality will be very supportive of prices."
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France: Barley harvest starts with rather negative first indications – industry sources
France’s barley harvest started on May, 25 in the southwest of the country, and indications are for a “very bad” crop, with drought reducing yields by half in the worst cases, Paris-based farm adviser Agritel said.
“It’s clear that it’s really very bad, what’s been cut so far,” Nicolas Pinchon, an analyst at Agritel, said in a phone interview. “We can’t generalize. It’s the earliest crops, so also those that suffered most.”
Farmers in the Charente department harvested between 3 and 4 metric tons a hectare (2.47 acres) on May, 25, compared with normal yields for the region of 5.5 to 6 tons a hectare, according to Pinchon.
France had its second-hottest April since 1900 and one of the driest since 1953, according to the Agriculture Ministry. Local authorities in Charente started imposing limits on water use as early as April 10, ahead of other French regions, according to the Environment Ministry.
“In the worst cases, the yield has been divided by two compared to last year,” Pinchon said. “It’s rather bad.”
La Rochelle, to the west of the Charente department, received 5.6 millimetres (0.22 inch) of rain so far in May, less than a tenth of the normal ...More info on site
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Begin quote.
World: US may be the last hope of easing tightness in malting barley market - sources
The US may be the last hope of easing, for now, the tightness in the malting barley market which has buoyed prospects for prices even beyond those of wheat over the last month, taking them in the UK to record highs, Agrimoney.com reported on May, 27.
Famers in the US may be tempted by the sowing delays, from wet, which have sent spring wheat prices soaring to a three-year high to opt instead for barley, a shorter-season crop which can be planted later, the Canadian Wheat Board said.
For America's growers to plant more than the expected 2.95m acres of barley, including winter crop, the second lowest area on record, would represent a rare fillip for a malting barley market tightened by poor quality Australian and Canadian crops in 2010, and by prospects for a weak European harvest this year.
"The crop that will feel the most impact of the European drought is spring barley, which is mostly grown for malt," the board said.
"The European drought situation is having a sizable impact on world barley markets.
"Given that global supplies of high-quality malting barley are tight, any damage to malting quality will be very supportive of prices."
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Begin quote.
France: Barley harvest starts with rather negative first indications – industry sources
France’s barley harvest started on May, 25 in the southwest of the country, and indications are for a “very bad” crop, with drought reducing yields by half in the worst cases, Paris-based farm adviser Agritel said.
“It’s clear that it’s really very bad, what’s been cut so far,” Nicolas Pinchon, an analyst at Agritel, said in a phone interview. “We can’t generalize. It’s the earliest crops, so also those that suffered most.”
Farmers in the Charente department harvested between 3 and 4 metric tons a hectare (2.47 acres) on May, 25, compared with normal yields for the region of 5.5 to 6 tons a hectare, according to Pinchon.
France had its second-hottest April since 1900 and one of the driest since 1953, according to the Agriculture Ministry. Local authorities in Charente started imposing limits on water use as early as April 10, ahead of other French regions, according to the Environment Ministry.
“In the worst cases, the yield has been divided by two compared to last year,” Pinchon said. “It’s rather bad.”
La Rochelle, to the west of the Charente department, received 5.6 millimetres (0.22 inch) of rain so far in May, less than a tenth of the normal ...More info on site
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