Matif Malting Barley (Paris, FR)
EOB- international buyers are increasingly on the market again
- lowered corn forecast for Argentina
- Weather in Brazil
- Export competition from Ukraine and Russia
- high stocks in Russia
- increased global corn harvest forecast
- higher US wheat harvest expected in 2024/25
Specification
The tick size for Matif malting barley is € 0.25 per ton (total contract: € 12.50). The delivery months are January, March, May, November, etc. so that there are always 12 contracts traded. The last trading day is the fifth day of the delivery month until 18:30. (If not a trading day shall be the subsequent trading day) The standard quality specifications are as follows: Germination percentage at least 95%, a maximum water content: 14.5 %%, protein maximum of 11.5%, whole barley Share (mesh size> 2.5 mm), at least 90%, Grades 2 of 2 rows - one Anglo-scandinavian and one French, after each harvest determined by a Expertenkommitee. MATIF (Marché à Terme International de France) is a former futures exchange in France. It was merged with the merger of the Paris Bourse with Euronext NV to Euronext Paris, which belongs to the exchange operator Euro Next.