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Barley Update

Barley Update. Barley Supply & Demand Table. USDA – WASDE – March 9, 2012. Barley Supply & Demand Table. Total Production is down 13.6% from 2010. This is the lowest level since 1936. USDA – WASDE – March 9, 2012. U.S. Barley Acres Harvested for Grain (million acres).

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Barley Update

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  1. Barley Update

  2. Barley Supply & Demand Table USDA – WASDE – March 9, 2012

  3. Barley Supply & Demand Table Total Production is down 13.6% from 2010. This is the lowest level since 1936. USDA – WASDE – March 9, 2012

  4. U.S. Barley Acres Harvested for Grain(million acres) 1942 = 16.96 Mil. A. 2011 = 2.24 Mil. A. USDA Feed Grains Data Base

  5. Production in Major Barley States(bushels) USDA Feed Grains Data Base

  6. All Barley – Total Prod. & Use(Billion Bushels) USDA – WASDE – Mar. 9, 2012 & USDA Feed Grains Database

  7. All Barley – Total Prod. & Use(Billion Bushels) Lowest Stocks-to-Use ratio since 1975/76 (21.5 %) USDA – WASDE – Mar. 9, 2012 & USDA Feed Grains Database

  8. Barley Supply & Demand Table USDA – WASDE – March 9, 2012

  9. Total Use – U.S. Barley(million bushels) USDA – WASDE – Mar. 9, 2010 & USDA Feed Grains Database

  10. Barley Supply & Demand Table Food, Alcohol, and Ind. accounts for 73% of Total Use. USDA – WASDE – March 9, 2012

  11. Barley “Market Movers” • 2012 malt barley contracts were offered early and are essentially full. • 2012 production and quality will be critical. • Value of 2011 malt barley stocks • Value of 2012 contract over-run • 2012 Canadian barley acres are projected to increase 22.1%, but approximately 65% is used for feed and 18% exported. • Quality is always the key.

  12. Longer Term Market Issues • Move to “Dual Market” system in Canada. • Impact on total North American barley acres • Impact on U.S. feed barley markets • Impact on U.S. malt barley markets • Growth in demand for malt barley in Mexico, Central America, and China. • High and mid-level malt barley quality • Can North Dakota compete in world malt barley market?

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