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Strong prices in Canada prompt recovery in barley acres

Published Jul 9, 2021

Tridge summary

Canadian barley cultivation is set to exceed eight million acres in 2021, marking the highest level since 2009, with a 10% increase from the previous year and a 45% rise from 2017's low. This surge is primarily due to increased prices and the need to diversify rotations due to disease challenges in canola crops. The boom in barley is also linked to a rise in demand for Canadian feed barley, with China being a key market, as it seeks alternative non-corn feedgrains. Despite tensions with Australia, Canadian barley exports to China have been increasing, and promotional efforts by the Barley Council of Canada could help sustain this growth, even amidst uncertainties about China's import plans for feedgrains.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Barley acres in Canada will top eight million in 2021, the first time barley has reached that level since 2009. Statistics Canada, in its June forecast, pegged Canadian barley acres at 8.3 million. That’s up 10 percent from last year and an increase of 45 percent from 2017, when acres sank to a low of 5.7 million. Farmers who haven’t grown barley for years gave the crop another try this spring, said Zenneth Faye, president of Barley Council of Canada. “This year (barley) hit that magic number — the $5 plus (per bushel) for new crop,” said Faye, who farms near West Bend, Sask. “For a lot of years, the barley market has been around $3 (per bu.).” The strong prices convinced farmers to return to barley or expand their acreage in 2021, but the crop didn’t quite reach its expected level. In March, Statistics Canada projected barley acreage at 8.6 million. “It looks like some of that barley area snuck into canola,” said Bruce Burnett, director of markets and weather information for ...
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