Market Update week no. 49

December 12th, 2016 - The USDA report of last Friday showed large stock positions on Soya, Wheat and Corn. With a good crop outlook for malting barley in Australia and Argentina it seems there is not much potential for prices to go higher. Notwithstandig it must be reminded the EU malting barley S&D is tight this season. The malt market is generally quiet.

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