Theoretical malt prices crop 2004. 02/04/2004

EURO = USD 1.2355 April 02, 2004
Crop year		2004
Parity		FOB Antwerp
Position		Oct 2004 - Sept 2005
Conditioning		Bulk		In bags		Bulk containers		In bags in containers
Malting barley variety		EURO	USD	EURO	USD	EURO	USD	EURO	USD
2RS	Scarlett	253.00	312.50	268.50	331.50	264.50	327.00	274.50	338.50
2RS	Prestige/Cellar	252.00	311.00	267.00	330.00	263.50	325.50	273.00	337.50
2RS	Aspen	250.50	309.50	266.00	328.50	262.50	324.00	271.50	335.50
2RS	Optic	250.50	309.50	266.00	328.50	262.50	324.00	271.50	335.50
2RS	Astoria	249.50	308.00	264.50	327.00	261.00	322.50	270.50	334.00
2RS	Cork	249.50	308.00	264.50	327.00	261.00	322.50	270.50	334.00
2RS	Average price	251.00	310.50	266.50	329.00	262.50	324.50	272.50	336.50
2RS	FAQ	248.50	306.50	263.50	325.50	259.50	321.00	269.50	332.50
6RW	Esterel	239.50	296.00	254.50	314.50	251.00	310.50	260.50	322.00
*	Asia Malt 70/30	247.50	306.00	263.00	324.50	259.50	320.50	268.50	332.00
**	Asia Malt 50/50	245.50	303.00	260.50	322.00	257.00	317.50	266.50	329.00

* - 70/30 = 70% Average two Rows Spring and 30% Six Rows Winter
** - 50/50 = 50% Average two Rows Spring and 50% Six Rows Winter
       nq - Not quoted

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