Cash Talk: Barley Bids Climb As Deliveries Dwindle.

Resource News International, June, 2009

Byline: Resource News International

WINNIPEG, MB, Jun 23, 2009 (Resource News International via COMTEX) -- Barley bids in western Canada have been slowly creeping upwards over the past few weeks as producers concerned about the drought conditions for crop production have become very reluctant sellers of the commodity.

"There is certainly the aspect of poor weather for the development of the recently seeded barley crop in western Canada, providing some of the upward momentum in the cash sector," a market analyst said. "However, there are also producers who have feed barley to spare, who are not selling given that the hay and pasture situation for cattle in western Canada is also pretty dire at the moment."

The pastures have not greened up...

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