MarketsFarm — Domestic malt barley is facing pressure from both inside and outside Canada’s borders as demand for both malt and feed barley has increased. With domestic feed barley prices rising and domestic supplies shrinking with increased exports to China, high-quality malt barley has found its way to feed channels as growers look to sell […] Read more
Malt barley demand rises, at home and abroad
Argentine truckers end strike, freeing China-bound barley
Canada, France would have been buyers' Plan B
Buenos Aires | Reuters — Argentine truckers ended a 20-day strike that had blocked access to ports in Buenos Aires province, agricultural industry sources said on Tuesday, following a deal struck with local officials to increase freight-hauling rates. Trucks owners grouped in the informal TUDA association (Transportistas Unidos de Argentina) began blocking highways last month, […] Read more
Feed weekly outlook: Grain exports, prices rise
MarketsFarm — As more Canadian feed grains make their way overseas, especially into China, domestic buyers may need to pay more secure supplies from emptying bins over the next few months. “Anything extra we’re able to export is getting exported at this point,” Brandon Motz, owner and sales manager of CorNine Commodities at Lacombe, Alta., […] Read more
China’s appetite for feed barley sucks in new crop from Canada, France
Tariff on Australian barley favours other suppliers
Paris | Reuters — China’s buying spree of French and Canadian barley is spilling into the 2021-22 crop with large forward purchases, due to its major feed grain needs and a prohibitive tariff on Australian barley, traders and analysts said. China has been sweeping up huge volumes of foreign crops to help feed a pig […] Read more
South Africa’s barley growers face bleak outlook on alcohol ban
Ban reinstated against COVID-19 surge
Johannesburg | Reuters — South African barley farmers are bracing for a tough market ahead as demand for the grain used to make beer falls and stockpiles grow after a ban on the sale of alcohol was reinstated as the country battles a surge in COVID-19 cases. The government in December enforced its third ban […] Read more
Feed weekly outlook: Buyers’ thoughts turn to April-June
MarketsFarm — Attention on feed grains is shifting away from February-March and focusing on the April-June period, according to Erin Harakal, senior trader at Agfinity at Stony Plain, Alta. Their buyers have February-March pretty much covered, she said. Demand continues to be driven by exports to China, she added, with Prairie feedlots required to keep […] Read more
Feed weekly outlook: Offshore demand still lifting Prairie barley
MarketsFarm — Solid offshore demand for Canadian barley remains the key driver in the domestic feed market, keeping prices high. “It’s certainly not driven by southern Alberta, it’s driven by Vancouver and the export business,” said Allen Pirness, of Market Place Commodities in Lethbridge, on the continued strength in barley bids. Typically, arbitrage opportunities would […] Read more
Feed weekly outlook: Barley market’s eye on exports, corn prices
MarketsFarm — Strong export demand for Canadian barley and rising corn prices in the U.S. are expected to continue to keep feed prices well supported in Western Canada. “Feed grains are being squeezed by lower imports of U.S. corn into Western Canada,” analyst Chuck Penner of Leftfield Commodity Research said in a presentation Tuesday for […] Read more
Feed weekly outlook: Barley, wheat prices very likely to increase
Increases seen tied to rising U.S. corn
MarketsFarm — Two Alberta traders believe strong feed grain prices will continue to push higher over the next week of January, with much of the upswing tied to the rise in corn prices in the U.S. “As corn edges higher, becoming the preferred direct replacement to barley, your barley floor comes up and wheat starts […] Read more
Sawyer new Alberta Barley chair
Reading Time: < 1 minute Tara Sawyer is the new chair of Alberta Barley, succeeding Dave Bishop. The Acme-area producer is serving her second year as a director-at-large while Wade McAllister of Innisfail starts his second year as vice-chair. “Our organization has made significant strides in the last year, including the finalization of two new barley-breeding agreements that will ensure […] Read more
Cyber-Savvy Farmer
