Barley shortage

[Grahamp]

As much as I would love to tell people lock their bins, sell nothing, collect $20 wheat and $30 dollar canola, remember the entire ag world economics are a derivative of corn and beans. A truly massive rally is unlikely without the participation of those two crops. Even if our crops are in short supply, don’t be greedy thinking prices have to go to the moon.

[shtferbrains]

Have to wonder how much is left for all those calves that are going to come to market early weaned.

[Oliver88]

Unit trains 100 to 110 railcars of U.S. corn DDGs have been booked into southern Alberta for fall movement.

This should cut into barley demand.

[errolanderson]

This should cut into barley demand.

Once feedlots switch rations, they don’t go back. Reliable, dependable supply is forefront with cattle feeders.

Barley domestic and export demand will decline this crop year.

[the big wheel]

I spoke to a buyer today and according to him
Much of the canola crop will be sample due
To weight and seed size (dockage) which will be a
major factor In feed rations. How much can canola
be used In livestock feed? I wonder if the standard
For grading will be lowered or be as is?

[TOM4CWB]

I spoke to a buyer today and according to him
Much of the canola crop will be sample due
To weight and seed size (dockage) which will be a
major factor In feed rations. How much can canola
be used In livestock feed? I wonder if the standard
For grading will be lowered or be as is?

A new export market for Australian Barley! No need for China to take it this year as we will need it in western Canada!!!

Feed wheat will be an interesting market to watch, normally a substitution for barley... but high protein in the thin shriveled wheat will need to be blended out... how 1 month of no rain can change everything in western Canada!

[Grahamp]

Sorry, when I think in terms of greed and fear as the emotions that drive the market i don’t think of them as character qualities or virtues and vices. I simply think of fear as worry that price will go down and greed as a desire for prices to rise. If I had a 35 bushel barley crop as the OP spoke of and I was offered 11.25 per bushel I think you should let fear take over and take that price as I don’t think you will get higher than that with corn at 5.5. Of course I think farmers should extract every single penny of value they can. In fact I think if a farmer is ever accused of price gouging he should get an award.

[Old Cowzilla]

Feedlots switch to whatever feed ration gives them their best bang for their buck. There's always a limit to the price spread between corn and barley. This isn,t there first rodeo. Going to be lots of different rations this winter for cattle, water now that's a different story.

[burnt]

Once feedlots switch rations, they don’t go back. Reliable, dependable supply is forefront with cattle feeders.

Barley domestic and export demand will decline this crop year.

Economics always rule - both ways.

[jazz]

I spoke to a buyer today and according to him
Much of the canola crop will be sample due
To weight and seed size (dockage) which will be a
major factor In feed rations. How much can canola
be used In livestock feed? I wonder if the standard
For grading will be lowered or be as is?

We sold a lot of heated canola in 2019 to feedlot alley. Are they going to pay $14 a bu for sample?

In 2019 it was $5.50.

If they start grading hard on canola you can bet the bins will get locked even longer.