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Canada Flaxseed News on Dec. 5, 2020
2020 / 11 / 05

Over the past couple weeks, feed barley markets have been softening and trading has slowed. Bids have come down about 10 to 25 cents/bu across most of the Prairies, but even with this price correction values are still attractive and should be considered. Currently, feed barley is quoted around $5.00/bu FOB the farm in Southwest Sask and closer to $4.30/bu in Northeast Sask, confirming the age old saying: “the closer you are to feedlot alley, the better”. The price of feed barley could bounce back to previous highs, but with what looks to be ample supply and delivery pushed into winter months already, it may be a stretch. Comparing these values to the malt market, we still see minimal to no spread as malt bids remain around $5.00/bu delivered, with movement well into the new year. Demand on malt is very slow at best and growers still may decide to ship malt quality into feed markets.

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