date:Nov 19, 2012
15 per cent of demand, although absolute stocks are forecast to be the lowest in almost 30 years.
Global Markets
Strategie Grains estimates the EU malting barley crop to be 12.06Mt, up by over 1.8Mt from 10.15Mt, in 2011/12. Total EU-27 barley production is estimated at 54.29Mt, of which 10.99Mt is forecast to be used for human and industrial use.
When biofuel use is removed, this suggests that 10.80Mt will be used for human consumption, of which 10.05Mt is forecast to be used in malting an