Barley sells up to Â¤165/t as harvest progresses
Carlow farmers offered Â¤163/t for winter crop at 20pc moisture
Published 02/08/2011 | 05:00
Barley prices of €156-165/t at 20pc moisture excluding VAT were on offer over the weekend as the winter barley harvest progresses.
An IFA survey of tillage growers revealed that farmers in Carlow were offered €152-163/t plus VAT for winter barley at 20pc moisture, while growers in Wicklow and Wexford were offered €160 at 20pc.
Yields across the country are variable, ranging from 2.6t/ac up to more than 4t/ac. With a bigger acreage cut this year, the average yield looks to be 3.1-3.3t/ac.
Bushel weights, in general, are excellent, ranging from the mid-60s to the low-70s.
New crop dried Irish barley closed last week at €191-193/t, an increase of €1-2/t on earlier in the week. Harvest wheat dried was at €192-€193/t and old crop wheat traded at €220-222/t, while barley was at €202-204/t.
Early reports on the winter oilseed rape crop are good, with yields at 1.8-2.1t/ac. Moisture levels dropped as the week continued, with crops coming in at 9-11pc moisture. Prices are ranging from €385/t at 10.5pc moisture to €405-415 dried.
IFA grain chairman Noel Delany said growers were reporting a considerable increase in interest in grain for whole cropping, crimping, caustic treatment and dry rolling over the past week.
Farm-to-farm trade for cereals has increased significantly in recent years and is expected to continue its growth for this year's crop.