06 April, 2023

Canada: Malting barley export prices slightly down, feed unchanged due to strong local market

Canada barley export prices are down slightly for malting quality, and the trade awaits news of export demand linked to China, RMI Analytics said earlier this week.

Canada will retain barley export volume but competition is expected to rise, the experts believe. Feed barley is unchanged due to strong local market.

Canadian domestic feed barley prices are down slightly to CAD410/tonne, while deferred shipment periods (Sept-Dec 2023) are much lower at CAD365/tonne. The recent bounce higher in US corn futures should limit short-term downside and focus turns to US new crop corn development.

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