
February 2nd, 2010 - Ongoing winter conditions in Europe are not expected to result in winterkill for the winter grains due to decent snow cover. Estimated area reductions for the new crop malting barley point to an average of 10-20% down. This reduction has mostly been directed towards wheat. As a result the total grain crop potential for the EU27 countries is about unchanged. The recent USDA report, released 12th Jan, confirmed slow exports of all grains resulting in even larger global carry-out stocks for the current season. On this basis it can be assumed that price fluctuations shall be limited until planting of the spring crops.
The above information is for general purposes only. Any reliance you place on the given information is therefore strictly at your own risk.

| Holland Malt PO Box 505737 ZH LieshoutThe Netherlands | +31 499/428 201+31 499/428 281www.hollandmalt.cominfo@hollandmalt.com |
| Maltings EemshavenWestlob 49979 XJ Eemsmond | Maltings Lieshout De Stater 15737 RV Lieshout |
links
For more information about malting in general and our partners in particular, please take a look at the following websites:
Agrifirm
Bavaria
Stichting Veldleeuwerik
Nederlandse Brouwers
Nibem
Josua-malt
Coceral
Brewersofeurope
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Internship
We are always looking out for young talent. If you have a background in economics, biology and/or agricultural sciences, please contact us for our internship options.