Market Report
Euromalt: The 2007 European malting barley crop
Last year Euromalt, representing the E.U. Malting Industry, published a memorandum explaining the problems that were confronting our industry due to the exceptionally poor E.U. malting barley crop. We all thought that it was a situation that we would not see again for many years to come. We were very wrong. Today the 2007 crop is turning out to be far more complicated than the 2006 crop. This year we are having to deal with a very poor European malting barley crop and at the same time, cope with a world grain market that is dramatically volatile and extremely dangerous due to the fact that there are barely enough supplies of grain to meet demand on a worldwide basis. The consequences on our supply chain will probably be far more reaching than last year’s ‘accident’.
Download Euromalt-Memorandum 2007 (200kb)
written on 23.11.2007 um 12:30.
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