Canada: Malting barley markets mostly quiet, demand for feed barley has weakened

Malting barley markets are "mostly quiet," the CWB said, as end users are mostly covered, although current-year supplies are still tight and forecasts call for fewer acres to be seeded to barley this spring, Grainews reported February 28. PRO values thus remained flat, with Standard Select Canada Western two-row at $290 per tonne and SS CW six-row at $264.

Offshore demand for feed barley has weakened, the board said, while supplies of available substitute feed grains and Australia's exportable barley are both larger than expected. No. 1 Canada Western (Pool B) feed barley values in the February PRO are down $7, at $252 per tonne.

29 February, 2008