Theoretical malt prices crop 2004. 14/05/2004

EURO = USD 1.1822 May 14, 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	260.50	308.00	275.50	326.00	272.00	321.50	281.50	333.00
2RS	Prestige	259.50	306.50	274.50	324.50	271.00	320.50	280.50	331.50
2RS	Aspen	258.00	305.00	273.50	323.00	269.50	318.50	279.50	330.00
2RS	Optic	258.00	305.00	273.50	323.00	269.50	318.50	279.50	330.00
2RS	Astoria	257.00	303.50	272.00	321.50	268.50	317.50	278.00	328.50
2RS	Cork	257.00	303.50	272.00	321.50	268.50	317.50	278.00	328.50
2RS	Average price	258.50	305.50	273.50	323.50	270.00	319.50	279.50	330.50
2RS	FAQ	255.50	302.50	271.00	320.00	267.50	316.00	276.50	327.00
6RW	Esterel	241.00	284.50	256.00	302.50	252.50	298.50	262.00	309.50
*	Asia Malt 70/30	253.50	299.50	268.50	317.50	265.00	313.00	274.50	324.50
**	Asia Malt 50/50	249.50	295.50	265.00	313.00	261.50	309.00	271.00	320.00

* - 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