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Barley

Barley, Crops, Markets

Feed weekly outlook: Lower stocks support grain prices

Corn still 'competitively' priced

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MarketsFarm — Feed grain prices in Western Canada have been strong lately, as old-crop supplies reach seasonal lows. “We’re getting to the bottom of old-crop stocks,” said Allen Pirness of Market Place Commodities in Lethbridge. However, he noted, growing conditions on the Prairies have been favourable, with no indication of a “drought-induced early harvest.” Old-crop […] Read more
Barley, Crops, Markets

With beer taps off, malt barley demand down

No significant drop in barley acres expected

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MarketsFarm — Declining beer consumption due to the COVID-19 pandemic will also lead to reduced demand for the malt barley to brew it — but acreage to the crop is unlikely to see much adjustment on the Prairies. “I don’t think there’s any question — without sporting events, and festivals, and concerts – that beer […] Read more
Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Cheaper corn to temper rising barley bids

Lack of farmer selling a factor in bids

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MarketsFarm — Rising feed barley prices in Western Canada may be nearing their upper limit, as end users look to add more cheaper corn to their rations. “The higher that barley and wheat get, the more attractive corn gets,” said Mike Fleischhauer of Eagle Commodities in Lethbridge. “If barley and wheat go any higher, we’ll […] Read more
Barley, Crops, Markets, Reuters

China-Australia row to reshuffle trade in bulging barley market

Gains for Canada, other exporters won't be 'magical'

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Paris | Reuters — A prohibitive Chinese import tariff on Australian barley will benefit other suppliers without changing the bleak global outlook caused by large stocks and depressed beer demand, analysts and traders said. Beijing said on Monday it would apply an 80.5 per cent tariff on Australian barley imports for the next five years, […] Read more
Barley, Crops, Markets

Feed weekly outlook: Barley prices strong

Jury still out on impact of China-Australia trade spat

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MarketsFarm — Feed grain prices across the Prairies have been stronger during the week ended Thursday, buoyed by rainy conditions in southern Alberta coupled with steady demand. “To fill the gaps, prices have had to go up,” said Allen Pirness of Market Place Commodities in Lethbridge. Prices for feed barley went up by about $5 […] Read more

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