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Barley, not wheat, bears brunt of EU downgrade

Barley, rather than wheat, has borne the brunt of European Union weather setbacks, cutting yield prospects for a crop whose prospects were already curtailed by the lowest sowings in 50 years. US Department of Agriculture beancounters made only a token cut of 1.1m tonnes, equivalent to 0.8%, in their estimate for the EU's wheat harvest in their latest set of monthly crop revisions.

written on 09.07.2010 um 21:21.


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