2020 will be remembered as one of the most difficult harvests for malting barley growers in recent times.
Across the country, growers have been dealing with widespread rejections due to skinning, sprouting, out-of-spec protein content and fusarium.
Over half of the malting barley being presented to Boortmalt at the beginning of last week was reported to have been rejected due to the above mentioned issues.
Malting price
Continuing large export sales of French wheat and barley to China has supported the FOB Creil price for malting barley, the IFA reports.
With only two weeks remaining on the Boortmalt pricing model, the average price remains at €173/t.
Both the lack of and the excessive rainfall at crucial times in the season, along with the impact of COVID-19, has left it a very poor year for malting barley production.
Feed price
The latest IFA grain report states that prices have strengthened by €3 to €5/t, with green harvest prices for barley and wheat in the range of €145/t to €150/t and €165/t to €170/t respectively.
Prices have been helped by the strength of wheat and the surge in import maize prices. A stronger sterling and the broken harvest in the UK, have left farmers reluctant sellers, which has also supported Irish prices.
The future direction of Irish prices still depends on the international maize markets and the UK barley export situation in particular. The UK will have to import wheat, but will most likely have to export barley.
With US maize prices increasing by 10% in recent weeks, the EU Commission has again removed the import levies on maize having only imposed the €5.48/t duty on 12 August.
Read more
Harvest progress at last with 80% cut
No additions to 2021 winter barley list
2020 will be remembered as one of the most difficult harvests for malting barley growers in recent times.
Across the country, growers have been dealing with widespread rejections due to skinning, sprouting, out-of-spec protein content and fusarium.
Over half of the malting barley being presented to Boortmalt at the beginning of last week was reported to have been rejected due to the above mentioned issues.
Malting price
Continuing large export sales of French wheat and barley to China has supported the FOB Creil price for malting barley, the IFA reports.
With only two weeks remaining on the Boortmalt pricing model, the average price remains at €173/t.
Both the lack of and the excessive rainfall at crucial times in the season, along with the impact of COVID-19, has left it a very poor year for malting barley production.
Feed price
The latest IFA grain report states that prices have strengthened by €3 to €5/t, with green harvest prices for barley and wheat in the range of €145/t to €150/t and €165/t to €170/t respectively.
Prices have been helped by the strength of wheat and the surge in import maize prices. A stronger sterling and the broken harvest in the UK, have left farmers reluctant sellers, which has also supported Irish prices.
The future direction of Irish prices still depends on the international maize markets and the UK barley export situation in particular. The UK will have to import wheat, but will most likely have to export barley.
With US maize prices increasing by 10% in recent weeks, the EU Commission has again removed the import levies on maize having only imposed the €5.48/t duty on 12 August.
Read more
Harvest progress at last with 80% cut
No additions to 2021 winter barley list
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