Barley pricing !!!

[furrowtickler]

Was at JRI yesterday morning - they are hearing $5.40 for good malt ? One buddy rolled the dice and stuck in all Barley for cereals and seeded early - he is going to do well - should have a most of it off before Monday - good to see the odd good "luck" story this fall

[hobbyfrmr]

The local hutterites did the same thing. Planted 2500 acres barley. Harvested it , contracted for malt overr $5.00. They have also locked in a lower feed barley price. They have ontracted a much lower feed barley purchase price from same line company that accepted the malt.
Their loose plan is to deliver malt and take home feed.
Arbitrage. Efficiency. Thats how you make money.
They will run the feed barley through the hog barn. So profit on the grain spread and then profit from the gains on high hog prices

[hobbyfrmr]

The local hutterites did the same thing. Planted 2500 acres barley. Harvested it , contracted for malt overr $5.00. They have also locked in a lower feed barley price. They have ontracted a much lower feed barley purchase price from same line company that accepted the malt.
Their loose plan is to deliver malt and take home feed.
Arbitrage. Efficiency. Thats how you make money.
They will run the feed barley through the hog barn. So profit on the grain spread and then profit from the gains on high hog prices

[SASKFARMER3]

Good for that guy! Nice oy see!
Barley if good quality will pay bills !

[Hopperbin]

Kneighbour ripping off 8 quarters of malt barley in 2 days.. swathed. Meanwhile another neighbour switching to swathing ahead of combine for peas. Getting more done.

[Hopperbin]

About getting things done. On my malt oppinion the maltsters know us that swath.

[SASKFARMER3]

When your weather window opens swath and pick day three never failed except 2002 frost year

[Hopalong]

Not much sympathy for maltsters.
Most still refuse to knowingly accept preharvest glyphosate treated which is an alternative to swathing and greater risk of sprouting.
Wonder what the market is like for organic beer,guess it would rule out GMO yeasts.

[hobbyfrmr]

There is an organic malt barley market, I have never tried for it. In February I signed a contract for feed barley at $8.00/bu FOB Farm. There is the option that if it's really plump and heavy and qualifies for "milling" barley, they pay $9.00/bushel. Usually the weather kicks me into the feed market. I am satisfied with that , usually I need the money and movement is brisk.

[Hopperbin]

O believe maltsters need barley to germ well and consistently. The most important malt traite. Glyohosate will damage the germination process. Can be used if nothing else a availl. Why should it be worth more than feed?