Feed Barley

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Feed Barley

Oct 6, 2017 | 07:02 1 Any guesses where we are headed? S Alberta around $200 now
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Oct 6, 2017 | 07:08 2 Flat to lower I have to believe. Hearing some unit trains of US corn getting traded into feed lot ally in Alberta. CAD may be grinding that to a halt for a bit here though. Reply With Quote
farmaholic's Avatar Oct 6, 2017 | 07:15 3 I don't know, you tell me.
I thought they said lots of good malt barley to pick from....only so much gets selected (but i think lots of delivered rejected malt barley gets "selected" or is that rejected)

Not alot of feed wheat and durum this year....unless you consider all that carry-over trash durum as feed.

A smaller overall crop in the dry areas....

What else? Reply With Quote
Oct 6, 2017 | 07:38 4 Thanks Happy sounds about right
Elevator bids for cash corn @ around $130/t CAD for much of the Dakotas and parts of Minn will likely keep a lid on Lethbridge prices
Sask prices might see a bit of an increase from present levels. A few offers at $160 are out there. $175 Apr/May Reply With Quote
Oct 6, 2017 | 08:03 5 Growers appear storing their unpriced feed / malt barley into the new tax year. This is supporting feed barley bids in southern Alberta for the near-term. But U.S. corn has been railed into Lethbridge area as economics of higher barley prices trigger some ration substitution.

Without fresh barley export sales, this price strength may be a local cash barley pricing opportunity (IMO). Malt sales appear covered . . . . Reply With Quote
GDR
Oct 6, 2017 | 08:15 6 Makes me shake my head everytime I hear feedlot alleys threat to use corn instead of barley. I know they use some at times but only a fairly small percentage of the ration. You can't switch back and forth between feed grains overnight it's too hard on the cattle and can have big losses, not to mention dedicated feed bins and equipment set up for barley. And the biggest reason they can't is that it makes the fat a yellow color and has a different taste from barley fed beef, nothing wrong with that but the Packers require a uniform product and that does not fit the mold. There has been a trend towards using more feed wheat in recent years though.

We sell lots of feed grains to interior of bc, buyers there threaten the same thing about corn but when you ask them about it Chicken barns are limited to 15% corn or same problem for discolored fat.

I figure it's mostly a bargaining chip to push prices lower. Reply With Quote
Oct 6, 2017 | 10:53 7
Quote Originally Posted by GDR View Post
Makes me shake my head everytime I hear feedlot alleys threat to use corn instead of barley. I know they use some at times but only a fairly small percentage of the ration. You can't switch back and forth between feed grains overnight it's too hard on the cattle and can have big losses, not to mention dedicated feed bins and equipment set up for barley. And the biggest reason they can't is that it makes the fat a yellow color and has a different taste from barley fed beef, nothing wrong with that but the Packers require a uniform product and that does not fit the mold. There has been a trend towards using more feed wheat in recent years though.

We sell lots of feed grains to interior of bc, buyers there threaten the same thing about corn but when you ask them about it Chicken barns are limited to 15% corn or same problem for discolored fat.

I figure it's mostly a bargaining chip to push prices lower.
I think corn is used a lot more frequently than you are implying. Not a problem on the packer end as most of the beef goes into the US anyway where they are used to corn fed not that weird barley tasting stuff. Reply With Quote
Oct 6, 2017 | 21:08 8 Jerry Klassen commentry on barley/corn from today's Cattleman.
http://https://www.canadiancattlemen.ca/2017/10/06/tight-barley-supplies-will-encourage-corn-imports/?utm_source=GFM+Publications&utm_campaign=f95ab67b a3-Canadian+Cattlemen+daily+enews+Oct+07%2C+2017&utm_ medium=email&utm_term=0_2da8244677-f95ab67ba3-88078361 Reply With Quote
Oct 6, 2017 | 22:25 9 The strength of the Cdn dollar will be a factor as well heading into the winter. A further rise in the loonie would allow U.S. corn to become more competitive.

Southern Alberta feedlots now appear purchasing barley for Oct movement between $207 to $212/MT delivered. Hotter energy corn has been recently landed at $215/MT track. To me, U.S. corn prices appear vulnerable to further weakness heading toward early winter given rising yield estimates. USDA report is released next Thursday. Average yields might exceed 170 bu/acre. We'll all know soon . . . . Reply With Quote
Oct 6, 2017 | 22:35 10
Quote Originally Posted by errolanderson View Post
The strength of the Cdn dollar will be a factor as well heading into the winter. A further rise in the loonie would allow U.S. corn to become more competitive.

Southern Alberta feedlots now appear purchasing barley for Oct movement between $207 to $212/MT delivered. Hotter energy corn has been recently landed at $215/MT track. To me, U.S. corn prices appear vulnerable to further weakness heading toward early winter given rising yield estimates. USDA report is released next Thursday. Average yields might exceed 170 bu/acre. We'll all know soon . . . .
Hence the reason little barley deliberately planted to sell for feed anymore. Sad when the whole cattle feeding sector in western Canada was set up to use up our barley. Reply With Quote
Oct 7, 2017 | 08:24 11 we sold ours for $3.35 right from combine . no bag saved 23-30 cents . no fungicide , fair return. it was probably malt , but when I heard about the low px discount , said to hell with the malt game . they can shove malt up their ass for all I care. from now on will grow high yielding feed if any barley at all
Last edited by caseih; Oct 7, 2017 at 08:43.
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BFW
Oct 7, 2017 | 12:53 12 Disappointing to see corn coming in from a grain seller perspective that's for sure. However, you have to be able to supply a value added market with volume at a competitive price or you lose it and that is what is happening here as a result of declining barley acres. If the cattle feeding industry is to survive here we need more sources of feed grain, probably wheat as someone suggested earlier in this thread. it will not survive however on imported corn(IMHO) as we cannot be competitive for the feeder cattle with the US long term. I grow grain and feed cattle and generally don't grow as much barley in the rotation as we used too. We have found feed wheat a much better alternative most years at least for the grain side of the farm. Still prefer to feed barley but selling the feed wheat and buying feed barley has been a good trade. Future of western Canadian feeding industry will include a lot of wheat though I think. Reply With Quote
Oct 7, 2017 | 14:12 13
Quote Originally Posted by BFW View Post
Disappointing to see corn coming in from a grain seller perspective that's for sure. However, you have to be able to supply a value added market with volume at a competitive price or you lose it and that is what is happening here as a result of declining barley acres. If the cattle feeding industry is to survive here we need more sources of feed grain, probably wheat as someone suggested earlier in this thread. it will not survive however on imported corn(IMHO) as we cannot be competitive for the feeder cattle with the US long term. I grow grain and feed cattle and generally don't grow as much barley in the rotation as we used too. We have found feed wheat a much better alternative most years at least for the grain side of the farm. Still prefer to feed barley but selling the feed wheat and buying feed barley has been a good trade. Future of western Canadian feeding industry will include a lot of wheat though I think.
Think so too. More options for wheat from grower perspective and it often yields more tons and energy per acre than barley in areas. At least that's how it goes here. Will see more ddg's, wheat, etc supplementing a shrinking barley supply. Reply With Quote
Oct 13, 2017 | 17:36 14 5000 mt of us corn traded into Lethbridge for $209/mt today.


2000 mt traded into the same at $212 on Wednesday

2500 my traded into the same at $216 2 weeks ago.

Not a good sign for barely bids. Reply With Quote
Partners's Avatar Oct 13, 2017 | 19:44 15 Feed will be worth more than the shitty malt price. Hang on. Reply With Quote
Nov 3, 2017 | 15:44 16 Higher prices have marked the last 4 week period in SK
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Nov 3, 2017 | 16:04 17 I am no expert at all but everyone is predicting a long cold winter and when that happens isn't everyone surprised at how much barley the cows will go through.

Then I always like to say "Never trust a weather man" Reply With Quote
Partners's Avatar Nov 3, 2017 | 16:07 18 Today feed bly 3.65..copeland malt..3.90.. Reply With Quote
Nov 6, 2017 | 14:20 19 Feed barley 3.90, Metcalfe malt 4.00
When you consider the requirement for 13.5 moisture I would think you're in the hole Reply With Quote
Nov 6, 2017 | 14:28 20
Quote Originally Posted by farming101 View Post
Feed barley 3.90, Metcalfe malt 4.00
When you consider the requirement for 13.5 moisture I would think you're in the hole
On the bright side if malt is rejected after it is delivered you won't lose much.

Depends on how long before they call for it and what happens to price by then. Reply With Quote
Dec 11, 2017 | 12:29 21 Update.
Note chart in Nov 3 post above later had data updated. Chart inaccurate.
Lethbridge 220-225
Border area corn prices pretty much flat. Basis for some ND elevators now -1.00US
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Dec 11, 2017 | 13:01 22 a fellow here hauling feed Bly to an elevator that doesnot handle malt . was dumping and bin number that his was going in was marked "select barley" . asked them wtf was going on they told him it's going to China for malt . and guys are getting $4.25 into that market now and they don't give a shit if it's sprayed with roundup . how much feed do you think was bought that is going to China . pretty nice little profit for them . no wonder there is no feed barley around? Reply With Quote
fjlip's Avatar Dec 11, 2017 | 16:30 23
Quote Originally Posted by caseih View Post
a fellow here hauling feed Bly to an elevator that doesnot handle malt . was dumping and bin number that his was going in was marked "select barley" . asked them wtf was going on they told him it's going to China for malt . and guys are getting $4.25 into that market now and they don't give a shit if it's sprayed with roundup . how much feed do you think was bought that is going to China . pretty nice little profit for them . no wonder there is no feed barley around?
Or NO better prices for malt... Reply With Quote
Dec 11, 2017 | 18:30 24
Quote Originally Posted by fjlip View Post
Or NO better prices for malt...
how dry is it out west in cattle country? pastures may not green up till mid june. could provide good price support. Reply With Quote
Dec 12, 2017 | 13:49 25 Sold most of our malt barley for $5.35/ bu minus trucking right after harvest. There were some decent bids for a little while there. Reply With Quote
Dec 12, 2017 | 14:12 26
Quote Originally Posted by caseih View Post
a fellow here hauling feed Bly to an elevator that doesnot handle malt . was dumping and bin number that his was going in was marked "select barley" . asked them wtf was going on they told him it's going to China for malt . and guys are getting $4.25 into that market now and they don't give a shit if it's sprayed with roundup . how much feed do you think was bought that is going to China . pretty nice little profit for them . no wonder there is no feed barley around?
Makes you ? Affidavit and grain monotoring system. If CGC does audits how does it get out of feed and into malt? Reply With Quote
Dec 12, 2017 | 14:29 27 A little brown envelope takes care of all those little formalities. Hahaha Reply With Quote