Where is the Price of Barley Trending? – Mike Jubinville

Globally, the barley crop is in flux.  For farmers that grow malt barley and feed barley, 2010 does not look like a great year to be growing and marketing barley.  Many growers feel the malt premiums are not high enough and the feeding sector is increasing DDG incorporation.  In areas like Southern Alberta silage pits have more inventory than needed which will also weigh on the acreage planted.

I talked to Mike Jubinville from ProFarmer Canada about his outlook for the barley market in 2010.   Mike has a belief in the 2-2-2 concept.  This is two years up, two years down and two years sideways.  Livestock producers are looking for pricing stability while farmers are looking for spring time price bounces for the incentive to plant.

 

Shaun Haney

Shaun grew up on a family seed farm in Southern Alberta. Haney Farms produces, conditions and retails wheat, barley, canola and corn seed. Shaun Haney is the founder of RealAgriculture.com. @shaunhaney

Trending

MYFB — Ep 18: The Makings of an Innovative Farmer

"Innovation" is a buzzword in today's world, often associated with technology, but it's not necessarily about gadgets, as our guest for this episode in the Mind Your Farm Business series points out. "Innovation really is about grabbing ideas from other parts of the planet or other ideas you see people doing and bringing that back…Read more »

Related

Leave a Reply