EU: Stratégie Grains estimates that the barley carryover of the old EU will be 4.2 million tonnes, of the expanded EU 5.1 million tonnes, less than the minimum needed in July/August until new crop barley comes on the market. Therefore the export surplus for crop 2004 is put at only 3.8 million tonnes. Shipments from old to new EU countries are estimated to come to 700,000 tonnes.

31 May, 2004