Barley prices have started to stabilize in Western Canada and around the rest of the world as Harvest 2018 seems to be completely understood now.
Week 16 of the Canadian 2018/19 crop year saw a new marketing-year high of barley exports with more than 105,000 MT shipped out.
While demand from China is strong but the harvest from Australia are low, malt barley prices are starting to reflect a change in supply-demand equilibrium.
According to the USDA’s November WASDE report, the global barley supply is a bit bigger than last month. Is it really bearish though?
Barley demand is becoming a more important factor to watch for, especially with smaller crops out of the EU, Ukraine, and Australia.
Feed barley prices have seemingly stabilized but malt barley prices are looking a bit better than where we were a year ago.
Barley prices have dipped lower in the past few weeks; what are the remaining the catalysts to the upside opportunity (if any?)
With the USDA confirming smaller global barley stocks last week, the tricky question we want to answer is how much of the supply is malt barley?
Canadian barley exports had a strong week but they are still tracking well behind last year’s pace. The obvious question is, where’s China?
Barley harvest operations have stalled across Western Canada. In this digest, we investigate the barley price impacts of the EU drought.
The barley harvest has been stalled by wet and cool weather across the Prairies. What does this mean for barley prices moving forward?
The Canadian barley crop is topping global competitors regarding both size and quality. Global carryout remains tight, so this is bullish for barley.
Barley exports from Canada have slowed down recently. This week, we investigate why, and what a slow export pace means for barley prices going forward.
Canadian barley prices are extremely strong, especially feed barley, as dry conditions have created a lack of forage and feed grain for cattle.
Barley prices are looking pretty bullish this week, thanks to tight ending stocks and production concerns in Australia. Are the highs in?
We remain bullish about barley prices, despite some short-term price pressure during harvest season, due to tight global barley supplies in 2018-2019.
The outlook for barley prices remains bullish, despite short-term pressure, due to expected tight 2018/19 barley ending stocks and strong Chinese demand.
Barley prices gained some support this week thanks to bullish reports of drought and decreased production in Australia, Europe, Russia, and North America.
Barley prices were steady, despite a smaller than expected crop in Europe but a large North American crop. As the harvest begins, watch for weather rallies.
Barley prices could see some upside support as barley production in Northern Europe, the Black Sea Region, and Australia have been slashed due to weather.
As we begin the second half of 2018, this Digest recaps the factors we’re watching for barley prices, and where feed and malt prices will head next.
This post serves a timestamp on our current old crop & new crop sales positions. Also included is our rationale for our current crop sales position.
The difference between malt and feed barley prices continues to widen. We provide an update on acreage estimates, ending stocks, and global crop conditions.
This week, feed barley prices slipped slightly while malt barley prices strengthened. Growing conditions in North America are a potential bullish factor.
Barley prices trended higher in the US Northern Plains this week. The June WASDE report showed the tightest ending stocks for barley since 1983/84.
Following our recommendation to sell, barley prices edged lower this week. Factors to watch include global reactions to WTO action by the US against China.
Barley prices remained strong (so strong we updated our sales position!) due to strong demand from the UK and concerns over weather.
Barley producers saw some relief this week as the Canadian government announced increased shipping capacity. Drought concerns are also weighing on prices.
GrainCents readers got insights this past weekend to the most important factors in the barley market. Now it’s published on FarmLead. Are you in the know?
On Friday, May 11, we got Statistics Canada’s estimates for grain stocks through March 31st, 2018. Specific to barley, there is still 3.4 million tonnes available as of the end of the first calendar quarter.
StatsCan reported 6.06 million barley acres will be planted. So far, the planting remains behind schedule. Basically, there is a long way to go.
StatsCan reported 6.06 million barley acres in 2018/19, up 5% year-over-year, with most of the expansion attributed to Saskatchewan and Alberta.
This past week we got a ton of updates on how barley planting schedules are looking and how big the 2018/19 global barley crop is going to be.
Barley markets were volatile as continued colder weather supported feed prices, while malt prices saw an uptick in the continued demand abroad.
Barley markets this past week traded sideways with ideas of more acres offsetting some colder temperatures that would spring some additional demand.
Barley markets were quiet this week as the world transitions from focusing on southern hemisphere weather to northern hemisphere weather.
As we mentioned in our Friday piece about feed grain supplies in Western Canada, feed barley prices pulled back by about $5 – $6 CAD per metric tonne.
Barley prices pulled back from their monumental tear but still remain relatively strong thanks to a couple different factors.
Barley markets this week were again mainly highlighted by feed barley prices, which moved up another few bucks per metric tonne.
This post serves a timestamp on our current old crop & new crop sales positions.
Also included is our rationale for our current crop sales position.
Feed barley prices saw a little rally, climbing about $10 – $15 CAD/metric tonne. Delivered prices into Lethbridge were closer to $240 CAD/metric tonne.
This past week we saw Canadian barley exports top 1 million tonnes. Barley exports are tracking 94.5% higher year-over-year.
Malt barley prices continued to trade sideways this week while feed barley values saw a small uptick as demand was slightly higher for all feed grains (barley, wheat, and corn).
Malt barley prices didn’t do anything really for another week in row while feed barley prices traded mostly sideways.
Barley prices were again pretty mute this week, with sideways trading, while the rest of the grain complex was fairly volatile.
Barley prices were pretty mute, with feed barley prices trading sideways to lower on the strength of the Canadian Dollar, 1.2% higher for the week.
On Monday this week, we updated our feed barley sales position from 50% to 65%.
This post is only meant as reference to help track when sales are recommended for feed barley versus malt barley.