Reading Time: < 1 minute CNS Canada –– Seasonal harvest pressure is starting to weigh on feed grains in Western Canada, while quality downgrades to crops still on the field may put further pressure on values going forward. “There are quite a few bearish indicators out there,” said Kyle Sinclair, of CorNine Commodities at Lacombe, Alta. For starters, early yield […] Read more
Feed barley looking bearish
High protein, high yields seen in early malt barley
Reading Time: < 1 minute CNS Canada –– High protein levels could prove a challenge for Canadian maltsters this year, but the quality of the country’s malt barley crop is generally looking better than had been expected as harvest activity starts up across the Prairies, according to a broker. “Everything is high, high, high; high yields, high plump, high bushel […] Read more
Barley’s genome now two-thirds sequenced
Reading Time: < 1 minute A team led by scientists at the University of California, Riverside says it has reached a new milestone in its work on sequencing the barley genome. In a release Tuesday, the researchers said they have sequenced large portions of the genome that together contain nearly two-thirds of all barley genes. Because barley is a close relative […] Read more
Short-term barley prices seen likely to downtrend
Reading Time: < 1 minute CNS Canada — Feed barley prices are moving slowly with hand-to-mouth buying as the crop moves into harvest, when already low prices will likely hit a downtrend. However, prices will likely recover into autumn, depending on how farmers choose to act, from where one market analyst sits. “If the farmers aren’t willing to sell at […] Read more
Malteurop parent to buy barley trader Interbrau
Reading Time: < 1 minute Paris | Reuters — French co-operative group Vivescia has entered into an agreement to buy German malting barley trader Interbrau GmbH from Swiss grain trading group Ameropa, the companies said Thursday. Founded in 1961, Interbrau specializes in international malting barley trading and logistics, and operates in Europe, Latin America, Asia, Australia and Canada. The acquisition […] Read more
Lethbridge feed barley prices move upward, watch U.S. corn
Reading Time: 2 minutes CNS Canada — Hot, dry conditions in Alberta and western Saskatchewan are delaying and stressing this year’s barley crop — but action in U.S. corn is now the barley market’s primary driver, according to one expert. “This recent rally in corn has helped barley and feed wheat move higher; we’re in a market driven by […] Read more
Farmers play last card in planned CWB class action
Reading Time: 3 minutes One claim remaining from an unsuccessful bid at a class action suit by four Prairie farmers, over payouts to producers from the former Canadian Wheat Board, will be the farmers’ basis for a new filing. The four farmers, whose previous proposed class action was dismissed with costs in April by the Supreme Court of Canada, […] Read more
Lethbridge feed barley feels slight lift from canola
Reading Time: 2 minutes CNS Canada — It seems the recent surge in canola has carried over to the feed barley market near Lethbridge. A weekend frost and other issues saw canola futures jump sharply in recent days, and according to trader Jim Beusekom at Market Place Commodities near Lethbridge, that rally has given strength to the feed barley […] Read more
GrainCorp to boost U.S. malt output, target craft beer boom
Reading Time: 2 minutes Sydney | Reuters –– Australian agribusiness GrainCorp plans to nearly double output capacity at one its U.S. malt plants, to capitalize on soaring North American demand for craft beer. Typically produced by small, local brewers, the popularity of craft beers has grown rapidly in recent years in the U.S. as drinkers seek new tastes, with […] Read more
Feed barley feeling ‘downward sag,’ trader says
Reading Time: < 1 minute CNS Canada — Feedlot demand for cash barley is weakening slightly as cattle producers prepare to turn animals loose on pastures, but prices are still hanging in there, according to one participant. “Farmers aren’t really selling a whole lot at these levels,” said Allen Pirness of Market Place Commodities in the feedlot alley near Lethbridge, […] Read more
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