Theoretical malt prices crop 2004. 11/08/2004

EURO = USD 1.2240 August 11, 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	243.50	298.00	258.50	316.50	255.00	312.00	264.50	324.00
2RS	Prestige	242.50	296.50	257.50	315.00	254.00	310.50	263.50	322.50
2RS	Aspen	241.50	295.50	257.00	314.50	253.50	310.00	262.50	321.50
2RS	Optic	241.50	295.50	257.00	314.50	253.50	310.00	262.50	321.50
2RS	Astoria	241.00	295.00	256.50	313.50	252.50	309.00	262.00	321.00
2RS	Cork	241.00	295.00	256.50	313.50	252.50	309.00	262.00	321.00
2RS	Average price	242.00	296.50	257.50	314.50	253.50	310.50	263.00	322.00
2RS	FAQ	240.00	293.50	255.00	312.00	251.50	307.50	261.00	319.50
6RW	Esterel	228.50	280.00	244.00	298.50	240.50	294.00	250.00	305.50
*	Asia Malt 70/30	238.00	291.50	253.50	310.00	249.50	305.50	259.00	317.00
**	Asia Malt 50/50	235.50	288.00	250.50	306.50	247.00	302.50	256.50	314.00

* - 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