Australia: Weather has varied from extreme heat to frost, little precipitation. ABB expects a crop of 5.3 million tonnes. Last Abare estimate was 7.29 million tonnes, now AWB says 6.0-6.5 million tonnes, AWF still 7.17 million tonnes. ABB estimates exportable surplus 1.5 million tonnes feed and 1.0 million tonnes malting barley. Australia is fully sold out in old crop barley. Quotes of new crop barley C+F China are just below US$ 200.

09 November, 2004