Sell barley, or sell a little of each?

[wmoebis]

$9.00 malt at viterra wadena.
Today only.
Train coming..need malt.
They added 75 cents a bushel..
Seems the best way to get a few pennies more..
Need more empty trains for all grains.
No more malt trains till new yr.
Who knows about price then?

Malt marketing sure must have changed over the years. Used to be that you had to sign a malt contract with the grain company before they would even look at your barley for selection. Then if they accepted it you had to haul when they wanted. You might get to deliver right away 6 - 8 months or never.

[Sheepwheat]

Half the barley pays for your fertilizer? Leaves you with the other half and all the other crops still?

Forgive me, but are you jesting in good fun?

Yes, sell half your barley.

[flea beetle]

Most farmers are finished harvest and have managed their inventories to minimize the need to sell. Many are going into the "lock the bin" mode and bids are coming up on a few commodities. Wouldn't surprise me if bids tapered off from now until the new year, look what's happening to wheat futures. Lots of pluses for you to sell some barley and buy fertilizer. If you think fertilizer price might come down, it's only because the whole complex is sliding.

Yes I agree. Was going to unload a bit of wheat, but looking like potential for a rally is pretty good on wheat. Barley sale or an advance looks more tempting.

[flea beetle]

Half the barley pays for your fertilizer? Leaves you with the other half and all the other crops still?

Forgive me, but are you jesting in good fun?

Yes, sell half your barley.

Lol full on serious here. Canola and wheat look to have potential into the new year. I think you are right on selling the barley.

[wmoebis]

Yes I agree. Was going to unload a bit of wheat, but looking like potential for a rally is pretty good on wheat. Barley sale or an advance looks more tempting.

Nice that Trudeau increased interest free cash advance up to $250,000 for farmers. Gives a lot more wiggle room.

[Guest]

Malt marketing sure must have changed over the years. Used to be that you had to sign a malt contract with the grain company before they would even look at your barley for selection. Then if they accepted it you had to haul when they wanted. You might get to deliver right away 6 - 8 months or never.

And then find out two weeks later it was feed
That’s why it’s easy now cause most said piss on malt

[Sheepwheat]

Lol full on serious here. Canola and wheat look to have potential into the new year. I think you are right on selling the barley.

I’ve been wrong many times. But 9 dollars for half of your barley is pretty darn grand place to start.

[Partners]

Viterra issues $$$ soon as it's dumped.
RP does a germ test.1 week later $$$.

[AlbertaFarmer5]

That probably depends, are you holding out for some predetermined price, just more than today, or new all-time highs?
I don't think we will see the new all-time highs for at least a year. But if I remember right, I think you are not averse to stortng grain for long periods.

I think the feedl barley is stronger than necessary given the probable short corn crop. But my thought process is that demand destruction will sort that out if it hasn't already. Whereas the wheat and oil seeds can't be solved on the demand side as easily. If any of that proves to be true, then selling the barley now and holding the other crops makes sense.
As far as fertilizer goes, I can't see any convincing argument that any of the parties involved are interested in de-escalating the situation in Ukraine anytime soon. Which means Europe won't be ramping up fertilizer production, and exports from Russia and Belarus are likely to be constrained so I don't see any reason why fertilizer will get any cheaper before it gets more expensive. Compounded by the problems on the Mississippi, as our fertilizer makes its mythical round trip to New Orleans and back

[redleaf]

Viterra issues $$$ soon as it's dumped.
RP does a germ test.1 week later $$$.

I’m interested to know that about viterra. Must be a new policy because our local Viterra was doing that thing where your barley went in the malt bin and then you waited a week or two to get malt or feed not long ago.

[Guest]

Viterra issues $$$ soon as it's dumped.
RP does a germ test.1 week later $$$.

viterra sure is aggressive this year , noticed that in tisdale too, last year they slept

[flea beetle]

viterra sure is aggressive this year , noticed that in tisdale too, last year they slept

Got a quota to hit from the higher ups after not being aggressive enough and missing out last year.