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Reports from down under...

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    Reports from down under...

    Charlie,

    Interesting developments in Australia:

    "Malt Barley Note a relatively sharp increase in malting
    prices over the last week. For example ABB are up $45/t in
    Victoria and $20/t in SA."

    "Pulse Production Estimates Total pulse production
    estimates have been lowered by 22% across Australia since
    September. The bulk of the declines have come from
    Victoria (down 50%) and SA (down 42%)."

    This is from the Nov.4 08 newsletter.
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