May 2018 Barley Prices Recap

Barley prices in the month of May were sideways-to-higher.

While malt barley prices didn’t do much, feed barley prices continued to inch higher. However, we need to point out that feed barley prices start to experience some seasonality around this time of year and will usually trend lower.

There is also the factor of drought conditions across Western Canada.

But, concerns over much of Western Canada might’ve been alleviated this week (and through the weekend as the region got some much-needed rains. This comes just as the crop across the Canadian Prairies is about 90% planted, which means a nice drink for seeds that just were recently sown!

As it relates to what we’ve looking at for our GrainCents Barley readers in terms of what is influencing barley prices, take a look at some of our topics this month:

Be sure to sign up for your free 3-week trial at GrainCents as this month could be the most impactful for how and when you price your barley for the rest of 2017/18 old crop, as well as a significant portion of your 2018/19 new crop production.

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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