E-Malt.com News article: 862

Canada’s malting barley exports are projected to increase by 60% to just over 2 million tons annually by 2011-12, according to the Canadian Wheat Board’s (CWB) long-term grain trade forecast released on March 26. “The growth in malting barley demand is mainly driven by an anticipated increase in beer consumption in China,” said CWB’s Vice-President of Commodity Analysis and Risk Management, Brian White. “China has a very large young population and personal disposable income is growing. As a result, China’s total malting barley imports are projected to climb from an average of 1.9 million tonnes in the base period to 3.4 million tonnes in 2011.”

Canada’s feed barley exports are projected to stay below 500,000 tonns with the minor exporters increasing their market share for world feed barley to 52 percent from 28 percent in the base period. World trade in corn is predicted to climb by 23 percent mainly due to increased demand from Mexico.


07 April, 2003