Barley shortage

[farming101]

Guessing 425 is spot and the lower prices are for fall time with railed in pricing.

I'm also thinking that after corn harvest is over that price will go up

[burnt]

Just finished loading out the last full load of 2020 corn at $380 fob feed mill. About a $20 premium for non-gmo. Maybe a small tandem load left in the bin.

Never before in my 44 years of farming...

[blackpowder]

Just got a text from a broker.
$8.30@ bin fd bly.
$10.30. fd wht.

[Wheatking]

We've had 0 rain on it since June 11th approximately, and 2/3 never came out of the boot. Had a look at it today for harvest timing and the heads are starting to get moldy in the boot. Now its going to rain and **** up and already shitty crop by making it a shitty crop that I cant even sell due to mold. **** farming.

[Partners]

Only sample that RP rep has seen is 42 lbs.
Yield was 14 b/a.

[FarmJunkie]

I think Syngentas gonna have to cough up a few bucks for the Moddus experiment

[burnt]

Who can say that they can accurately read and act on market psychology? I sure can't. It's one thing to recognize it, but quite another to properly interpret it.

But what I have observed is that it's very common for the market to go directly against popular perceptions. Far too often I have made marketing decisions on what I should have done - last year!!

All eyes are on short supplies and high prices. I look out my window and tend to gauge what I should do based on what I see in my field.

That's a very small synopsis. But if there are very many areas in the Corn belt like what we are seeing in western Ontario, there is some really significant downside in the corn market.

The corn charts are in some fairly lofty territory as well. Monthly, weekly and the daily is weaker.

If there would be a return to more historical levels, that would deal one heck of a shock to growers and some real relief to feeders.

But with new crop cash at about $270 a tonne, I sit here frozen as to making a move... this thing could make corn growers look really stupid for not locking a chunk in.

[Guest]

Only sample that RP rep has seen is 42 lbs.
Yield was 14 b/a.

Ours is 53 lbs
Yield about half

[shtferbrains]

Ours is 53 lbs
Yield about half

Some of the better land around will be similar but the young guys who have been paying the big prices for land regardless of prouctive capacity are going to get schooled.

Be interesting to see what happens to prices of land is the BTO's try consolidate to better quality.

[errolanderson]

Just a heads up . . . barley demand appears slowing with movement now being deferred mid-late fall by some buyers.

Estimated 70 to 100 unit trains of corn now booked through to July 2022.