Canada: Barley production forecast remains at 7.8 mln tonnes

RMI Analytics� barley production forecast for Canada remains at 7.8 mln tonnes. As well, the US crop remains steady also and combined, North America is comfortable from a total supply standpoint.

There is quality variability in Alberta (thin, light test weight) but in the current demand picture, there is no supply concern overall. Looking ahead to crop�25, there has been much-needed rainfall in key regions.

The pace for Canada�s barley exports, to the US and overseas, continues to lag behind the 5-Yr average, but still a slight improvement over crop�23 which is a small positive.