Canada: Malting barley values lower in CWB’s October Pool Return Outlook

CWB on October 10 updated Pool Return Outlooks (PROs) for the 2013-14 Annual Pool and Futures Choice Annual Pool.

Compared to the last PROs released on September 26, projected returns for malt barley are C$5 per tonne lower. Select CW Two-Row Malting Barley is now estimated at C$ 265.00 / tonne (annual pool).

Malting barley prices continue to decline both at export position and in the country. The market is focusing on Australian malting barley prospects that could pressure malt barley values lower, CWB commented.

11 October, 2013