Industry News       English French Dutch Spanish German Russian Italian Portuguese Portuguese Danish Greek Romanian Ukrainean Chinese Polish Korean
Logo Slogan_French


CASTLE MALTING NEWS in partnership with www.e-malt.com French
17 February, 2022



Barley news Canada: Prices for feed barley swing a little higher

Prices for feed barley have swung a little higher over the last week in Canada — but it’s not due to feedlots needing a lot of the cereal, according to Brandon Motz of CorNine Commodities at Lacombe, Alta, GraiNews reported on February 17.

Barley prices, he said, were C$420-C$424 per tonne delivered into Lethbridge, with offers as high as C$445 as of February 17. A week ago offers were around C$430-C$435/tonne.

“There are not a lot of high-consumption feedlots using barley at the moment. It’s a thinly-traded market currently, which makes for the realization of a C$10 swing could be something as simple as somebody needing the coverage versus what the true market is,” Motz said.

He said it’s a similar story for feed wheat, with most feedlots not buying a great deal, as feed mills are doing most of the purchases right now. Prices were C$450-C$460/tonne delivered into ‘Feedlot Alley’ and offers were C$465-C$470, in what also has been very light trading.

Motz noted demand for corn has also slowed down, with a small amount for April and May.

“There’s not a lot of tonnage trading corn because the forward business has been so extensive,” he said.

Until recently, however, corn supplies had been touch-and-go, with deliveries from the U.S. often arriving by train literally in the nick of time.

“We’ve been dealing with rail delays since the beginning of the program. I think there’s a maybe a little bit of a buffer there now. For a while it was very much hand-to-mouth,” Motz said, noting one day’s missed arrival meant several feedlots would have been out of corn.





Revenir



E-malt.com, the global information source for the brewing and malting industry professionals. The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at marketing@castlemalting.com .














Nous utilisons des cookies pour nous assurer que nous vous offrons la meilleure expérience sur notre site Web. Si vous continuez à utiliser ce site, nous supposerons que vous en êtes satisfait.     Ok     Non      Privacy Policy   





(libra 0.6875 sec.)