Market Update week no. 33

August 22nd, 2016 - To date UK harvested 70 to 80% of its 2rs malting barley, Scandinavia 60 to 70%, both under good climatic conditions. It is expected that lower yield and screening in Europe will result in no surplus for both 2rs and 6rw at the end of this crop year. Initially a comfortable surplus was expected for 2rs (450K mt) and a large surplus for 6rw (1200K mt).

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