Frequently Asked Questions
“ What is the best time and price to sell/move barley after the New Year?”
“ This year, there's no shortage in supply and feedlots are buying hand to mouth. However, there may be some opportunities to sell if bad weather hits.”
Knowing the time and best price to sell/move barley depends on several factors, including the individual needs of your farm, your location and your destination. This year, because there's no shortage in supply, feedlots are buying hand to mouth. Stats Canada pegged Canadian barley production during their last December report at 10.2 million metric tonnes. That’s the highest in the last five years, and a 2 million mt increase from last year. Feedlots are not worried about shortages, so they're only buying barley as they need it. They don’t want to get caught feeding higher-priced grain. This year, depending on where you're located, there may be some opportunities if the weather is bad and deliveries are delayed. A feedlot that comes up short might be willing to issue a “special” to a producer who could still deliver. You also might find some pricing opportunities during seeding when the focus is on planting the crop versus delivering grain. If you can't haul directly to a feedlot, elevator space is filling fast so you might want to book your movement before there is no movement left.