France & Germany: Barley prices drop influenced by other grain markets

Barley markets over the last week were inactive, experts report. Prices dropped in connection with the other grain markets without any large business.

According to traders, French 2RS barley was offered at EUR 159, July, FOB Creil, and EUR 168, July, FOB Moselle. 6RW barley had nominal values: Esterel EUR 145, Cervoise 135, both July, FOB Creil, however a premium of only EUR 5 FOB Moselle.
German 2RS malting barley dropped to EUR 180, autumn/winter delivery, delivered Rhine and (river) Main stations, it is reported.

Premiums for new crop 2009 barley are EUR 15 to 20 per ton in both countries, but it is difficult to purchase large quantities, experts inform. The expectation is for smaller acreage and consequently firmer markets next year.

08 October, 2008