From e-malt newsletter.
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World: Harvest almost completed in most of the EU, French malting barley quality seen as good - report
The harvest of barley in France is almost finished, except for the northern regions, Toepfer International analysts communicated on August, 23.
According to industry sources, the quality of the winter barley as well as of spring malting barley is good. The yield is currently slightly below average.
Also southern England reports a good spring and winter barley harvest, but due to rains in the eastern parts of England harvesting will be delayed.
In Germany and many parts of Central Europe, rain is delaying the harvest. This will, most likely, impact the quality. The conditions in Scandinavia continue to be good. The demand for malting barley remains limited, and the prices for wheat and feed barley have increased significantly, which is why parts of the winter malting barley is sold as feed barley.
The estimate of the EU-27’s total barley production in 2009/10 is currently 62 mln tonnes, whereas next year the output should total just 53.8 mln tonnes, Toepfer said. The total volume of barley produced by the EU in 2008/09 was 65.3 mln tonnes.
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United States: Malting barley prices expected to grow in a month or so, feed barley up due to drought half a world away
According to Larry Rapt with SunPrairie Grain in Minot, N.D., due in large part to the drought in parts of Russia and other eastern European countries the US feed barley prices have gone up 50 cents in the past few weeks, Farm & Ranch Guide reported on August, 25.
“The wheat futures market has gone up by about two bucks in the past two or three weeks, which has added about 50 cents to the feed barley prices,” Rapt said. “Malting barley prices haven’t changed much during that time, although the price has firmed up a little.”
Rapt expects a larger impact on the malting barley situation could come in a month or so when the maltsters start issuing malting barley contracts for the 2011 crop.
“In the past few years the maltsters have tried to come out with their contracts for new crop barley around the time of Big Iron, which is in another month or so,” he said. “And for the past few years that price has been tied to the December wheat futures prices in Chicago.”
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World: Harvest almost completed in most of the EU, French malting barley quality seen as good - report
The harvest of barley in France is almost finished, except for the northern regions, Toepfer International analysts communicated on August, 23.
According to industry sources, the quality of the winter barley as well as of spring malting barley is good. The yield is currently slightly below average.
Also southern England reports a good spring and winter barley harvest, but due to rains in the eastern parts of England harvesting will be delayed.
In Germany and many parts of Central Europe, rain is delaying the harvest. This will, most likely, impact the quality. The conditions in Scandinavia continue to be good. The demand for malting barley remains limited, and the prices for wheat and feed barley have increased significantly, which is why parts of the winter malting barley is sold as feed barley.
The estimate of the EU-27’s total barley production in 2009/10 is currently 62 mln tonnes, whereas next year the output should total just 53.8 mln tonnes, Toepfer said. The total volume of barley produced by the EU in 2008/09 was 65.3 mln tonnes.
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United States: Malting barley prices expected to grow in a month or so, feed barley up due to drought half a world away
According to Larry Rapt with SunPrairie Grain in Minot, N.D., due in large part to the drought in parts of Russia and other eastern European countries the US feed barley prices have gone up 50 cents in the past few weeks, Farm & Ranch Guide reported on August, 25.
“The wheat futures market has gone up by about two bucks in the past two or three weeks, which has added about 50 cents to the feed barley prices,” Rapt said. “Malting barley prices haven’t changed much during that time, although the price has firmed up a little.”
Rapt expects a larger impact on the malting barley situation could come in a month or so when the maltsters start issuing malting barley contracts for the 2011 crop.
“In the past few years the maltsters have tried to come out with their contracts for new crop barley around the time of Big Iron, which is in another month or so,” he said. “And for the past few years that price has been tied to the December wheat futures prices in Chicago.”
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