User Name Password


I am grateful for what I am and have. My thanksgiving is perpetual.
Henry David Thoreau

        
 News   Barley   Malt   Hops   Beer   Whisky   Announcements   About Us 
Barley Malt and Beer Union RussiaBelgianShop áåëüãèéñêîå ïèâîÏðèëîæåíèå BrewMaltÁåëüãèéñêèé ñîëîä Castle Malting

V-Line News V-Line Search news archive V-Line
V-Line-200

Canada: Demand for feed barley remains limp
Barley news

As demand for barley remains limp, it has become rather difficult to move the feed grain, according to Darcy Haley of Ag Value Brokers in Lethbridge.

“There’s just no demand. We did barley March 10 at C$320 per tonne, and in April through to July it traded at C$328. That’s C$7-C$10 cheaper than corn,” Haley said, noting barley was currently at C$315 in the Lethbridge area.

“I have barley in front of me that I can’t sell, just because they don’t need it,” he added.

In the meantime, farmers have been hanging onto barley rather than selling it, something Haley disagreed with.

“I think producers are making a huge mistake. They should be moving something,” he said, suggesting farmers need to check grain elevators for prices and tail-end exports.

“Where’s the risk to the buyer? Through the rest of the fall and the winter there’s virtually no risk,” Haley said.

“One aspect that’s working in barley’s favour here right now is the price of corn distillers dried grains with solubles (DDGS),” he noted.

DDGS, he said, were currently $435/tonne and most often make up 20 per cent of corn rations as they are a protein supplement — and barley contains more protein but less energy, while corn is the opposite way.

“If they switch back to barley or half corn and half barley, they can reduce [DDGS],” he said, expecting such is very likely to happen in a small amount from January to March.

“If corn DDGS continue to be priced at that value, as time goes on, we’ll see the end user really contemplate switching back to barley,” Haley said.

24 November, 2023
V-Line-200 V-Line-200
 Account Handling Page   Terms and Conditions   Legal Disclaimer   Contact Us   Archive 
Copyright © e-malt s.a., 2014