USA: Imports of 2row barley from Canada will be sharply up from last year because of summer draught

The USDA reduced its barley crop estimate of the USA to 4,612 Mill. tons, according to analysts, November 2.

Nevertheless export sales of 864.000 tons have been notified, almost 20 % of the crop. The Midwest harvested a fine crop of 6row barley, but the Western 2row barley suffered from the summer draught. That is why imports from Canada will be sharply up from last year. Malting barley markets are very firm. First acreage estimates for 2008 are unchanged from this year.

16 November, 2007