June 2018 Barley Prices Recap

In the month of June, feed barley prices dipped slightly, losing 6% month-over-month. Malt barley prices, however, saw gains of about 2%.

Feed Barley Price Recap

 

For our GrainCents readers, we’re watching a variety of factors that might affect barley prices: 3 are bearish, 3 are bullish, and 4 are what we call “noise” (AKA lots of people are talking about them but they don’t really matter).

This month, for GrainCents readers, we delved deeper into topics such as:

•Australian potentially siding with China over trade disputes;

• June WADSE report showed no changes to US barley supply and demand;

• China’s growing thirst for barley;

• Ethiopia’s growing space in the global barley industry;

• StatsCan’s estimates for 2018/19 barley acres;

• the USDA’s 2018/19 barley acreage and June 1st inventory estimates.

Heading into the second half of the year, buyers and sellers of feed barley and malt barley will need actionable insight to make sense of ongoing trade tensions, supply and demand factors, and market behavior.

We’re going to see a few wild swings in feed barley and malt barley prices as the summer months progress, and you owe it to yourself and your operation to stay on top of the markets.

That’s why we’re offering a free three-week trial to GrainCents, our exclusive sales recommendation service that holds a 93% success rate on getting farmers the best price possible.

Sign up right here for your risk-free trial.

About the Author
Brennan Turner

Brennan Turner is the CEO of FarmLead.com, North America’s Grain Marketplace. He holds a degree in economics from Yale University and spent time on Wall Street in commodity trade and analysis before starting FarmLead. In 2017, Brennan was named to Fast Company’s List of Most Creative People in Business and, in 2018, a Henry Crown Fellow. He is originally from Foam Lake, Saskatchewan where his family started farming the land nearly 100 years ago (and still do to this day!). Brennan's unique grain markets analysis can be found in everything from small-town print newspapers to large media outlets such as Bloomberg and Reuters.

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