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    #11
    Europe situation (e-malt):

    Begin quote: " EU: Analysts do not expect last year’s record barley yields to be repeated this year
    Barley crops look good in France, Germany and the U.K., but most industry observers doubt that the record yields of last year will be repeated, a study showed last month.

    Germany planted 20% less spring barley, the U.K. 18% more, because farmers could not get into the fields last autumn to plant winter grains. Rainfalls in May have improved the situation in Scandinavia and the whole Baltic Sea region.

    Poor crops, especially of spring barley, are expected over the whole southeast, from southern Poland, Moravia and Austria through to Romania and Greece. The Iberian Peninsula had been considered in good shape after sufficient rainfalls in winter. The reports of a poor outlook in the center of Spain came as a shock, private estimates of the total barley crop are as low as 7 mln tons, which other analysts have not followed yet. Altogether it looks that all circumstances surrounding this year’s barley crop have been much less favourable than last year.

    The EU had a long and cold winter, late planting in most countries except for France and South England, a dry period following seeding in many countries. It seems logical that yields cannot come close to those of 2008. An interesting point ...More Info " End quote.

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      #12
      One more posting on barley from my morning scan of newsletters.

      http://www.syngenta.ca/Farm/Alerts/AlertDetail.aspx?AlertTypeId=5&alertId=102524

      My attention is on crop conditions and as best I can in an unknown future evaluate likely outcomes, risks and ways to mitigate. The evaluation is both for the buyer and seller side.

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        #13
        Update to recent prices for feed barley in our area, feedlot paying $4/bu, and Pioneer $4.50 at the farm. Not too shabby, beats the crap out of the $3.75/bu farm gate I did 3 weeks ago. At least it was only a couple bins worth.

        Cheers.

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          #14
          Um, what area would that be Steve? Southern Alberta I presume?

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            #15
            I guess I should have reread earlier posts before I spoke up!LOL Calgary area!

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