Who is growing malt barley in 2011?

[jamesb]

I like growing malt but unless we see some better new crop bids I think malt acres will be down this year. So many guys had barley accepted in 2010 delevered , and had it regected latter on account of germ issues. Then forced to take a elevator price for feed barley far below other picked up bids.
any one doing the oposite?

[charliep]

Just to add, what values is everyone hearing for new crop malt barley cash plus? Levels I am hearing range from $5.50 to $6.00/bu (at sure if included act of god).

Assumptions on malt/feed spread? For round numbers how does barley with a range of $6/bu as a malt barley lottern and $4/bu as feed compare to other cropping alternatives in budgets? $12/bu canola? $7/bu yellow peas? $6 to $8/bu CWRS?

[Hopperbin]

Was there a new pro today?

[charliep]

There was a PRO. I forgot.

Wheat, Durum and Barley up in CWB January PRO
Winnipeg -- The CWB today released its January 2011 Pool Return Outlook (PRO) for the 2010-11 crop year. Wheat values are up between $5 and $19 per tonne from last month's PRO, depending on class, grade and protein level. Durum is up between $3 and $17. Malting barley is up $2 per tonne, while Pool A feed barley is up $2 per tonne and Pool B feed barley is up $10 per tonne.

[URL="http://www.cwb.ca/dom/db/contracts/pool_return/pro.nsf/WebPRPub/2010_20110127.html?OpenDocument&CropYr=2010-11"]January PRO[/URL]

[Hopperbin]

I see wheat is up nice on old pro, malt extremely dissappointing. Feed barley might surpass malt this year yet.

[charliep]

To bring back to barley, it got squat for an increase. 2010/11 has been priced out with existing business.

[charliep]

For what it is worth, EPO are very affordable these days. 100 % CWRS EPO - $10.05/tonne. 90 % - $1.15/tonne. 80 % - 15 cents/tonne.

[URL="http://www.cwb.ca/db/contracts/ppo/ppo_prices.nsf/epo/epo-wheat-2010-mhrs-20110127.html"]Jan 27 EPO CWRS[/URL]

Off barley topic but needs to be considered.

[Hopperbin]

We grow a lot of malt in my area and some are wanting not to grow barley because of excessive moisture, barley did very poor in our area compared to other crops. I believe barley acreage will be way down in my area. Tempting to try some if board comes out with an attractive price and can find seed, that is another issue, no planting seed.

[Hopperbin]

Your right Charlie, hard red can yield pretty good sorta puts malt on the sidelines right now.

[SASKFARMER3]

If I can get a cash plus at 6 to 6.50 I'll seed 500
acres. If we keep going with no decent contacts
in east sask it will be SFA.
Oats is same the shitty fall price doesn't pick up it
will be zero also companies sit or get off the pot.