E-Malt.com News article: 3403

EU: From July 1 till September 28 the EU granted barley export licences for 112,000 tonnes. EU feed barley prices of US $ 130-135 FOB seaports are US $ 30 above Black Sea price levels. The reasons, according to experts are: no export restitution, a firm Euro, and EU markets have the backstop of intervention: EUR 101,31 = US $ 124,60 in October.

05 October, 2004