Europe: Harvest has progressed very well in Southern Europe, according to analysts. Reported results from the Iberian Peninsula and Italy are very good. In Spain 75 % of the barley crop have been combined up to a line of Madrid-Zaragoza. Yields are good, so is the quality of malting barley. Private estimates of the crop have been raised to 10.2 million tonnes. Spain would have an export surplus of malting barley this year, but the feed deficit and long ways of transport make exports most unlikely, with the exception of shipments to Portugal.

23 July, 2004