Canada: Barley crop forecast unchanged at 8.8 mln tonnes

There is no change in RMI Analytics’ barley crop’25 forecast for Canada, at 8.8 mln tonnes, with limited moisture received across key Canada and US regions.

Total Canadian barley exports in January were very low, leading to a reduction in exports in crop’24, with the implication that ending stocks are increasing as a result.

Export prices are unchanged for both malting and feed barley, in a very quiet trade. Brewers price expectations are at lower levels, while farmers are not providing any liquidity at current price levels. This leaves the maltsters is a tough position between farmers and end-users.

Domestic feed barley prices are flat, with cattle feeders well covered at present.