Canada: Barley production up 15% in 2007 y/y due to higher seeded area

Production is estimated to have increased by 15% to 11.0 Mt, slightly lower than the 10-year average, due to higher seeded area, according to Agriculture and Agri-Food Canada, December 10.

However, supply has declined slightly as a result of significantly lower carry-in stocks. Crop quality is slightly below average. Exports are forecast to rise sharply, while domestic feed use decreases. Carry-out stocks are projected to decrease by 13%. The average off- Board feed barley price (No.1 CW I/S Lethbridge) is forecast to increase driven by strong export demand and the strength in other markets.

14 December, 2007